1. They try to preemptively kill anything even halfway innovative (Valenti’s VCR drivel, etc.).

2. If they can’t manage to get it banned, they at least try to hobble it severely enough so they can still appear relevant (”region coding” on DVD’s just so they can preserve the archaic custom of having different “release-dates”, and “versions” of stuff in different countries, etc.) There’s no excuse for region-coding in it’s current form.

3. They spend vast amounts of money and time trying to make people believe a limited-term monopoly privilege is a “sacred right”, and buying term-extensions that are then applied retroactively, just so nothing ever enters the dreaded Public Domain ever again, if they can help it.

4. In their frantic, grasping, control-freak greed, they drive people into “piracy” by killing any attempt to get something “legal” going, by making their license-fees prohibitively high. As a result, p2p grows, and their “authorized” attempts at online sales completely fail, because nobody wants to pay for DRM-crippled bullshit, just to play along with an all-but-perpetual monopoly privilege that should have expired already, anyway.

They have just effectively killed Last.fm by this.
Way to go, Big Media — your incessant gouging has just crashed another outfit that tried to play by YOUR rules.

One only has to know where to go and there are literally thousands upon thousands of free internet radio stations that don’t charge a dime. The biggest problem is finding the one that suits your music tastes to the tee.

CBS is under the mistaken impression their service is so unique that the majority of their listeners will pay for the privilege of listening, like satellite stations. Unlike satellite stations, the listeners won’t always be able to take it with them. This will put a dent in just how privileged their listenership thinks they are.

The major labels I am sure are shooting themselves in the foot behind the scenes demanding streaming fees that are unlikely to be realistic compared to the income the ads generate. Greed has been the biggest hold back for the major lack of adoption internet wide on much of streamed music.