Buggy Whips Not The Perfect Analogy Of Businesses Disrupted By Innovation?

A bunch of folks have sent in Randall Stross’ latest silly feature piece in the NY Times claiming that

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Even that, IMO, is way to narrowly focused. If the labels believe they are in the music delivery business, then they will fail simply because peer-to-peer needs no middle man.

Labels should be focusing on their areas of expertise such as relationship development, marketing, production assistance, etc. They could then venture into other related avenues such as tour management, tour hosting, special events coordination, etc.