Sorting Out The Power Shift In Big Music/Tech Agreement

Last week’s truce between big music and tech companies concerning digital copying is a marriage of convenience. “Government intervention in product design is every tech company’s worst nightmare, and the specter of septuagenarian senators struggling to understand (let alone legislate) application program interfaces and watermarks was a frightening thought indeed. But the truce actually highlights the fact that a power shift has taken place between the media moguls and big tech. And guess what. Tech won.”