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Phoenix666 [soylentnews.org] writes:

Peter Mensch, the manager of bands including Metallica, Red Hot Chili Peppers and Muse, says YouTube is killing the record industry [bbc.com].

"YouTube, they're the devil," he told a BBC Radio 4 documentary on the music business. "We don't get paid at all."

He said the site's business model, in which artists make money by placing ads around their music, was unsustainable.

"If someone doesn't do something about YouTube, we're screwed," he said. "It's over. Someone turn off the lights."

Peter Mensch is right. Nobody should ever see or hear those bands lest they be tempted to buy merchandise or go to see concerts.

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