In a rapidly evolving industry like music, this statement reflects the ongoing changes and adaptations that new record companies are making to stay relevant. It acknowledges that while innovative business models are emerging, these developments don't happen overnight; they require patience as stakeholders navigate through various challenges and opportunities.
The deeper meaning of this quote underscores the importance of perseverance in an ever-changing market landscape. The speaker is emphasizing the necessity for industry players to be patient and adaptive, recognizing that while new ideas and strategies are essential for growth, their full impact often becomes apparent over a longer period. This patience is crucial because it allows for the refinement and maturation of these models as they face real-world challenges and adapt accordingly.
The quote is attributed to Simon Le Bon, who is best known as the lead singer and founding member of the British rock band Duran Duran. Beyond his musical contributions, Le Bon has also been an active observer and commentator on the music industry's transformation over several decades. His insights often reflect a blend of practical experience and theoretical understanding, offering valuable perspectives to both industry insiders and casual observers alike.
