Blender, the mag where you come for the reviews and leave quickly before you see how bad the features are, has a list of the “20 biggest record company screw-ups of all time.” Some are obvious, like the industry’s inability to deal with the internet (No. 1) and that guy who turned down the Beatles (No. 2). But should Berry Gordy selling Motown for only $60 million really be No. 3, given that he kept all the copyrights? Does signing R.E.M. to a major-label deal qualify at all? Is Chinese Democracy really the worst cash-hole ever? [Reuters]
