The word from one of my favorite groups (I say this facetiously) the Rock and Roll Hall of Fame: David Geffen is set to be inducted next spring.

That’s right. On the upside: Geffen started Asylum Records, brought us Jackson Browne, Joni Mitchell, the Eagles, stole Bob Dylan from Columbia Records to make “Planet Waves,” and, oddly, dated Cher. Later, his Geffen Records brought us Guns ‘N Roses. He also produced “Dreamgirls” on Broadway.

On the downside: the Rock Hall is considered lame for not inducting about three dozen rock acts that should have been there already, has a $14 million war chest and a chief executive who makes over $350,000. The whole thing is run by Rolling Stone’s Jann Wenner, who apparently was instrumental in selecting Geffen.

I’m also told that in 2011, the group will induct Universal Music Group’s Doug Morris, who once labored for Atlantic Records and Ahmet Ertegun.

As for Geffen, the naysayers nay that he sold his company for $600 million years ago and hasn’t been in the business for eons. When he was in the business, they say, he was very annoying.

Anyway, I’m more upset that so many people aren’t in the Hall already. Geffen before Quincy Jones? That’s just obscene. Even Geffen would agree.