"I know I held the prices down for a long time," said Mr. Petty in the interview, "but I also knew that eventually I was losing the battle. It's interesting that that's what sank the ship, in a way."

He added, "I think that if they kept the CDs really affordable, there wouldn't have been the tragic impact from the computers that there was. And that's a blow that I don't think [the record labels] are ever going to recover from."

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