Quote:
Originally Posted by L-Pink
Maybe the music business was satisified making billions and employing thousands with record stores. Record stores, remember those? In every mall?
Companies are supposed to embrace "thieves" ??? WHY ???
|
Who said anything about embracing thieves? The market place has moved. Do you consider surfers that shop for porn online thieves because they don't buy DVD's or porn mags?
See that's where the music industry fucked up, they tried to fight the market place instead of embracing it. Instead of realized that they could sell their product they assumed everyone was thieves. I figure they couldn't see past their own greed.
Honestly what would have been so hard for them to have built virtual radio stations that users could pick their music from? Hell they could operate just like real radio stations and sell advertising and still make mad amounts of cash.
What was stopping them from offering subscription based services online that users could download songs from? They could have done this years ago but instead they fought trying to keep the old way of business as the only option.
Sorry but records were replaced by cassette tapes and cassette tapes were replaced by cds and now cds are being replaced by mp3. Fighting technology is a losing battle.
Record stores were in every mall because there was a demand for them, now there is not such a demand. So either they adapt and offer more products or they go out of business, it's called capitalism it's always been that way and it probably always will be.
The other thing is the record companies have always complained about is the cost of producing artists that never sell. So what better of a way to try out new artists than via the web? There is not other place with as many potential customers than the web.
If they were running their own radio stations online they could test their new artists and save a ton of money by doing it there instead of adding all the costs of producing CDs and getting them radio air play.
IMO the RIAA is blinded by their own greed and now that technology is advancing and they failed to adapt to it, well they are the ones losing the money.