It's a bit US biased, but it's funny nonetheless. Here, ladies and gentlemen, is the top ten biggest record company screw ups of all time, according to Blender magazine.
1. The majors putting Napster out of business, even when Napster was willing to work with the labels, and in doing kicking off a decade of other P2P madness.
2. Decca Record's Dick Rowe turning down the Beatles.
3. Berry Gordy Jr sells MCA the Motown label for a mere $60 million
4. The growth of independent promotion (and all that payola nonsense it enabled, presumably).
5. The RIAA suing a struggling single mother over P2P.
6. Casablanca sending out a million copies each of the four Kiss solo albums in 1978, and selling practically none of them.
7. Leeds/Duchess selling Bob Dylan's publishing back to Albert Grossman in return for its $1,000 advance.
8. Warner giving up Interscope because of the lobbying of the anti-hip hop brigade.
9. The whole mad "Rootkit" digital rights management thing SonyBMG got itself into.
10. Columbia losing Alicia Keys to J Records, and then dropping 50 Cent. Duh.