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Marc Lijour

It's Time for the Recording Industry to Stop Blaming "Piracy" and Start Finding A New W... - 11 views

  • filesharing is not the reason that the recording industry has fallen on hard financial times. In fact, the recording industry’s complaints that the sky is falling really only apply to the recording industry, and not musicians and the fans, who have seen increased music purchases, increased artist salaries, and the availability of more music than ever before.
  • the London School of Economics released a paper finding that while filesharing may explain some of the decline in sales of physical copies of recorded music, the decline “should be explained by a combination of factors such as changing patterns in music consumption, decreasing disposable household incomes for leisure products and increasing sales of digital content through online platforms.”
  • the music industry is thriving
  • ...3 more annotations...
  • the LSE paper points out that in the UK in 2009, the revenues from live music shows outperformed recorded music sales.
  • Another recent study, this one by the Social Science Research Council, delves into international aspects of "piracy," especially in emerging markets, and finds unauthorized filesharing in some developing economies has actually created opportunities for media companies to come up with innovative business models that allow legal and widespread access to media goods.
  • Sales of CDs have fallen, but the overall music business, including performance, has grown
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