You don't own that file, you license it, and with streaming it can easily be taken away. Microsoft naturally shows us a dystopian vision of the future of licensed culture.
Boiler Room - the broadcasting platform which brought the party (and DJs turning knobs) into living rooms around the world - is changing. The company has unveiled parts of a new business model involving "brand fee/royalties" and a quasi-franchised version of the Boiler Room experience coming to a town near you.
A discredited economic theory is still guiding the decisions of most digital music labels today - even if they don't know it. This is the dumb theory of the Long Tail and how a tsunami of shitmusic destroyed it.
Another day, another closure. Who would want to open a nightclub in Chicago?