Didn't I read somewhere that the Industries loss in sales was actually due
to
a drop in production, which they tried to cover up in order to have some
ammunition for the war against p2p?
But in the end I can't see the Industry disappearing anytime soon... Their
revenues are still huge so the worst I can see happening is a little belt
tightening or maybe the odd merger and acquisition here and there.
What's great about capitalism is that it gives an opportunity for small
more efficient companies to adapt to new circumstances where the larger
companies are too bloated and inefficient to change in time to deal with
them. But I guess the music industry is a little different due to the
fact that it's dealing with peoples taste (or lack of), so who knows..
But even if they did all go bust it wouldn't be much of a problem for
most of the people on this list, who i'm sure buy much of their music
in specialist stores stocked full of independant music?
...skism
quoted 42 lines -----Original Message-----
> -----Original Message-----
> From: Brett Dietsch [mailto:elph@lawngnome.org]
> Sent: 17 January 2003 17:40
> To: seeklektek
> Cc: idm@hyperreal.org
> Subject: Re: [idm] 2003: The Year the Music Industry Dies - Wired
> Magazine, 2/2003
>
>
>
> On Friday, January 17, 2003, at 12:24 PM, seeklektek wrote:
> >
> > The article, in Wired's Feb.2003 issue, on newsstands now, opens with a
> > prediction by the late Timothy White,
> > editor of Billboard, that the Music Industry will die in 2003. Aw,
> > gee:
> > wouldn't that be too bad?! ;)
>
> probably, yeah it would be.
> dont get me wrong, im not a big fan of labels and everything, but they
> are a semi-necessary evil.
> if noone buys the cd's and everyone pirates them, the companies no
> longer have any reason to put out cd's, which in turn means noone has
> cd's to pirate, which reinstates the need for cd distribution,
> which.... well.. go back to the beginning.
>
> hell yes, i pirate music. i also buy what i like and trash what i
> dont. most people just pirate music. im not pulling a moral high
> ground pose here, but seriously.. if the industry goes away, any hope
> at decent distribution will also go away.
>
> i _LIKE_ having access to artists all over the world, being able to
> find almost any genre of music, and lots that i've never heard of. no
> industry, no distribution, less choices.
>
> now, if only the industry would play nice..
>
>
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