Channels with Peter Kafka

Musicians who fight Spotify are 'so f-cking dumb' (Bob Lefsetz, author, Lefsetz Letter)

Bob Lefsetz, author of the influential music industry newsletter the Lefsetz Letter, talks with Recode's Peter Kafka about the winners and losers in the modern music business. Lefsetz says the traditional music label model was one of artificial scarcity, and there's no going back now that streaming services like YouTube and Spotify have arisen. He also…