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U2, Telstra Dome
Photo by Ros O'Gorman

Bono Speaks On The Music Industry

By Tim Cashmere
Fri, 04 Jul 2008 07:00:31 +1000

U2 front man Bono has had his say on the current state of the music industry, in a sternly worded letter.

In a letter to NME, Bono said "While there is no doubt that it's extremely difficult for a new artist to get the kind of investment on which U2 depended in the first few wobbly years of recording, we disagree with Paul's assessment of Radiohead's release as having backfired to a certain extent.

"We think they were courageous and imaginative in trying to figure out some new relationship with their audience. Such imagination and courage are in short supply right now. They're a sacred talent and we feel blessed to be around at the same time."

He is of course referring to manager Paul McGuinness' recent comments that Radiohead's honour system backfired.

Bono also subtly took a swipe at ISP's for not doing enough to curb illegal downloading, saying "We agree that it is disturbing to see internet service providers and technology companies profit from the so-called 'disintermediation' of the music business when so many music lovers are losing their jobs."

So there you have it, some more food for thought (although let's face it, no real answers) on the rocky future of the music industry.

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