Sunday, November 21, 2004
Further indication that the record biz is evil
From The Economist:
According to an internal study done by one of the majors, between two-thirds and three-quarters of the drop in sales in America had nothing to do with internet piracy. No-one knows how much weight to assign to each of the other explanations: rising physical CD piracy, shrinking retail space, competition from other media, and the quality of the music itself. But creativity doubtless plays an important part.
But, of course, they talk about on-line piracy as being the primary cause of their revenue problems, and they're suing random grandmothers and lobbying congress to create new intellectual property protections.
But go read the whole thing anyway.
¶ 1:35 AM
According to an internal study done by one of the majors, between two-thirds and three-quarters of the drop in sales in America had nothing to do with internet piracy. No-one knows how much weight to assign to each of the other explanations: rising physical CD piracy, shrinking retail space, competition from other media, and the quality of the music itself. But creativity doubtless plays an important part.
But, of course, they talk about on-line piracy as being the primary cause of their revenue problems, and they're suing random grandmothers and lobbying congress to create new intellectual property protections.
But go read the whole thing anyway.
¶ 1:35 AM
