Originally Posted by guyladouche
There are a ton of digital music download services to buy songs (along with free streaming services)--how is this a problem of the recording industry sticking with the CD medium too long?
They lack reactivity to new market trends. Piracy is nothing new, of course the internet has increased it by going worldwide but napster was here 10 years ago (or more, not sure) and yet they still want us to buy CDs when most of us want digital copies (legit ones). It's like a label still sticking to vinyl and not selling any CDs at all 15 years ago (not that I would have complained
Originally Posted by Core2uu
Agreed. Spotify, one of the most innovative services presented thus far, has been steadily losing money and has yet to turn a profit. Maybe we can just come to the conclusion that people don't like to pay for what they should.
Spotify (that's the French company right? if not then i apologize. i read about the French music streaming company yesterday on Yahoo news but I can't remember its name. The rest of the post is about that one) lost 30mil Euros the first year of activity mainly because of the launching cost. It is now going worldwide (except US lol). They have 10mil users and have tripled the number of their paying customers. I believe that they've already paid like 15mil Euros to the labels. But of course, universal and a couple of others started whining and forced the said company (dammit I can't remember its name) to limit the time you could listen to an album freely and another label wanted to limit the free listening to 2 songs because the profit made from it was too low(like limiting would bump profit ...). Can't they realize that without this legal offer they wouldn't have gotten anything at all? Now, I am in no way condoning piracy, I'm just wondering how suing people around the world and spending millions on law suits is more profitable than coming up with a new model.
I'm not arrogant enough to say that I have the solution but what the labels are doing right now is sure as heck not the way to go.
Originally Posted by Domino
And what exactly does your business do?
Also verify ownership with some links and information please.
Do ya want my bank account details too? i got nothing to prove to you dude.
Originally Posted by lordikon
Ah, so its greed to want people to pay for the things you spent time making?
Piracy hurts copyright holders, just nowhere near as much as the big corporations would like you (and congress) to think.
Yes it does, but instead of pursuing insanely expensive legal battles that just don't work they couldn't re-think their business strategy.
Economy has always been auto-regulated. Every time a new technology comes out it takes a while for the industries to adapt but they usually always do. Basically my broader question is, what are the labels really doing to adapt themselves to the digital age? New companies like spotify and netflix are trying (I think that the traffic of netflix surpasses p2p network now in the US ... ) just to get shot in the foot by the labels. They want more money, more this, more that ... Again they wouldn't have gotten anything at all without it but they still want more... go figure.
All I'm saying is that there has got to be a better way for them to save their industry than corrupting politicians with schemes like SOPA (oops, you call it lobbying in the US, we call them dirty politicians in Europe). Seriously that the US congress even studies this kind of possibility is beyond me.
Oh well, what are we to do
Now I am off this thread, it's getting political.Edit: the name of the company that I was referring to is Deezer and not spotify, my bad, sorry.Edited by yannickhk - 12/9/11 at 2:48pm