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In 1999, when Napster made music available free online, the music industry found itself in a fight for its life. A decade later, the most important and misunderstood story—and the one with the greatest implications for both music lovers and media companies—is how the music industry has failed to remake itself. In Fortune’s Fool, Fred Goodman, the author of The Mansion on the Hill, shows how this happened by presenting the singular history of Edgar M. Bronfman Jr., the controversial heir to Seagram’s, who, after dismantling his family’s empire and fortune, made a high-stakes gamble...

In 1964, on the brink of the British Invasion, the music business in America shunned rock and roll. There was no rock press, no such thing as artist management -- literally no rock-and-roll business. Today the industry will gross over $20 billion. How did this change happen?
From the moment Pete Seeger tried to cut the power at the 1965 Newport Folk Festival debut of Bob Dylan's electric band, rock's cultural influence and business potential have been grasped by a rare assortment of ambitious and farsighted musicians and businessmen. Jon Landau took calls from legendary producer Jerry...

Fred Goodman makes this world come alive, and any fan of rock or insider tales of the music industry will be in heaven reading about this fascinating, troubling character. Judd Apatow, Omnivoracious

Writing about contracts, percentages, and deals can be tedious, but Goodman makes it as exciting as reading about an artist s sex life. The book explodes with inside dope. New York Daily News

Allen Klein was like no one the music industry had seen before. Though he became infamous for allegedly causing the Beatles breakup and robbing the Rolling...