"Columbia is stuck in the dark ages. I have great confidence that we will have the best record company in the industry, but the reality is, in today's world, we might have the best dinosaur. Until a new model is agreed upon and rolling, we can be the best at the existing paradigm, but until the paradigm shifts, it's going to be a declining business. This model is done."
That's a quote from the NYT Sunday Mag, from Rick Rubin who since May has officially been co-head of Columbia Records.
photo Lynn Hirschberg, NYTimes