Originally Posted by slybydesignw210
Actualy I know alot about this subject. The music industry for over the counter retail sales are declining, while online downloading is up. The problem the music industry had and has, is they wherent willing to change with the times. Even after forecasting the big changes, they striclty focused on CD sales, and the old method of calculating royalties. They didnt act on any of the federal laws on copyright inacted by the Clinton Admin. They should have taken over back in the early 90s but they where stuck on stupid. As a baylout they tried unsuccessfuly to enforce these laws in 2001 to present verses creating the technology that would nurture a new found method of income. They should have forecast the changes, and invested in the rights of new commerce, instead they fell to thier own legal jargan in contractualy agreements.
To further add insult to injury, the new deals they do, interms of distrobution deals with out marketing budgets is another reason why they are falling. No affence to anybody, but when the accounting lawyers agree to give a guy behind bars for 10 years a 150 million dollar deal, then reachact the deal but is forced to let him keep 10% on moneys not even earned and eat the losses, you know where the music industry is going.
There will never be the same profits as there was. The Movie industry better act quick because they WILL be affected too. And merging companies thinking they can strengthen the market, is wrong. They have to re-right the laws and contractual laungage and standerd laungage of the industry. Award shows lost there luster. They have to start considering the "New New Muisc Industry" and yeild to the growing market trends in order to servive.
The industry has been blaming copyright issues for its decline since the sixties. First it was cassettes. For that set of complaints we STILL have a $1 fee attached to every cassette sold in the world to compensate the recording industry for copyright violations, whether the cassette is used to record music or to record a child's first words. Then came DAT and CD's.
The industry is more than willing to blame everyone except the quality of the music/talent. As posted above, there are few if any long-term acts that bring repeat buyers. As an example I have all 43 Chicago Discs, because MOST of the music is good, there is not an artist that has come out in the pat decade that will hit 43 discs. They lack the basic talent.
Most folks only buy the CD, as posted above, for one or two cuts. After that it is a coaster. Downloading from iTunes or one of the alternatives is the only models that are going to work but what does the industry still count? CD sales.
Mass Pirated stuff usually does not have the quality that people want as the CoDecs are poor to get the necessary replication speed. That is only a peripheral issue, even the illegal downloads that RIAA is going after in their PR
/SS campaign. It is iPod quality only.