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Originally posted by dragonrider
William:
PLEEEAAASE tell me you dont actually buy into the RIAA arguement that each and every download equates to a lost CD sale??? There is absolutely NO evidence to support these claims!
The 4 university students that are being sued by the RIAA are accused of having about 1 million songs on thier LANs, at $150,000 per song, that comes out to be $150 BILLION damages that the RIAA is seeking. That is like more than the total amount of money generated by music since the gramophone was invented!!!!!!!!
Originally posted by dragonrider
The music business can only thank themselves for their falling income due to the mp3 revolution Posted by MikroMarius
I disagree with that.
The record labels only have themselves to blame for their falling incomes for the following reasons:
Greed
Absolute mismanagement
Lack of decent product
Failure to properly develope decent available talent in deference to chasing the "Next Big Thing"
Total disregard for properly investigating and exploiting new technologies
Total lack of regard to personal freedoms and rights of consumers
Totally pissing off and confrontationally engaging their target customers
Price gouging
Im sure there are many others that I am missing as well.
Originally posted by dragonriderThe record labels only have themselves to blame for their falling incomes for the following reasons:
Originally posted by dragonrider
William:
A number of articles I have read regarding an analysis of the RIAAs own figures about how they are "loosing a significant amount of revenue due to file sharing" has shown that thier claims are complete BS.
The main reason that the labels are loosing money is because over the last 2 years, they have not developed and released as many new artists/products as they did in the previous years. When you consider that the labels have only produced about 2/3 to 3/4 of the new product that they did in previous years, but only dropped about 9% in sales, its nowhere near as bad as the labels would have it painted out to be. Indeed, if you look at it as a weighted average of income per new talent/product, the labels actually increased their revenue.
Indeed, with that little fact in mind, when you factor in file swapping, it would appear that it does in fact help with sales. (Again, I would remind you that these findings came from the RIAAs own released data.
So, I maintain my claim that greed has a major part to play in the music labels downfall.
Originally posted by dragonrider
As far as price gouging, you mentioned the overhead associated with production, publicity, airplay ect (I have to ask, do you mean to say that part of this revenue is diverted into PAYOLA to radio stations, which is illegal???). I would remind you that when an artist is signed to a contract of say $20 million, the labels immediately begin deducting costs for recording, production, publicity, promotion, ect out of that same contract. Almost ALL production and distribution costs are borne by the artist with practically none borne by the labels. However, whatever is left is split something like 60/40 in favor of the labels (IE, the labels are getting pure profit for no financial outlay). In the end, for a $20 million contract, an artist should count him/herself lucky to walk home with a million.
Did I mention greed with regards to the labels?
As far as disregard for new technologies, I stand by my claim. Reason: Yes, the labels have put a few online music distribution systems online, but they are totally destroying the concept of "Fair Use". You can download for at a minimum of $1 per song, and with some systems, you can burn 1 CD and then the file locks up. Others, you cannot burn to a CD and you have to pay a monthly fee. If you stop paying, the music stops playing (Although you already bought it!)
The favorite wet dream of the labels is to turn the "play" button into the "pay" button.
William, tell me the truth, have you never stuck a tape in a VCR and recorded a movie off of cable? As we discussed in a previous thread, the money you pay for cable is only for the delivery system, your not paying for the movie. If you record off of cable, is that piracy?
I have to wonder, if the labels really start enforcing the laws against file sharing and start throwing people in jail for it (consider that there is between 30 and 60 million people in the US alone using P2P aps, do we propose to put all of them in prison? Is that the real reason behind Rex84?) what is that going to do for the music industry? You will, overnight, see a huge backlash. We will total and complete boycotts of music and movie sales. Then, we will see TRUE damage done to the industry.