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David Turner of Penny Fractions joins the show to make a case against the popular narrative that Napster, led by the precocious teen tech-head Shawn Fanning, single-handedly took down the record industry in the early aughts. Turner explains that what caused the music industry bubble to burst was actually a much more complex series of factors including record labels a little too high on its own supply. Also, those $19.99 CDs prices sure didn't help.
By Money 4 Nothing5
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David Turner of Penny Fractions joins the show to make a case against the popular narrative that Napster, led by the precocious teen tech-head Shawn Fanning, single-handedly took down the record industry in the early aughts. Turner explains that what caused the music industry bubble to burst was actually a much more complex series of factors including record labels a little too high on its own supply. Also, those $19.99 CDs prices sure didn't help.

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