NEW YORK (TheStreet) -- As I lamented in The Stupidity of the Music Industry Is Absolutely Stunning, record labels and other cogs of the music industrial complex continue to put their fate in the hands of companies with what are almost always different and sometimes competing interests. We've seen it with Apple (AAPL). We're seeing it with Pandora (P). And we'll continue to witness technology companies exploit opportunity the music industry leaves on the table -- often at the music industry's expense.
With focus on Google, I explained -- in detail -- what a Google or Yahoo! buyout of Pandora could look like in April's Google or Yahoo! Buying Pandora Makes a Ton of Sense. In this article, I consider Yahoo! specifically.
For background you really must read the above-linked article as well as my ongoing narrative with respect to Yahoo!'s visionary foray into live concert streaming. You can link to several of those stories in Wednesday's piece where I defend Yahoo! CEO Marissa Mayer. Granted that's a fair bit of reading, but I put a ton of work into researching and understanding this space. Standard hit-and-run jobs simply cannot do the subject matter justice. And, simply put, if you don't understand it, you don't completely understand Yahoo!