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[TF] Sony Music Boss: Censored YouTube Videos Cost Us Millions

post #1 of 24
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Quote:
Originally Posted by Torrent Freak .com 

Sony Music’s CEO of international business said in a recent interview that the Internet is a blessing for the music industry. Nevertheless, there are still problems that have to be overcome, such as restrictive copyright enforcement by music rights collecting agencies. The Sony boss says that YouTube revenue running into the millions is being lost because German rights group GEMA’s policies prevent artist videos from being shown online in the country.


For years the music industry has blamed Internet piracy for all their troubles.


Slowly, however, the record labels are starting to realize that the Internet is the future and it will ultimately do more good than harm.

To read the full article click here.
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post #2 of 24
The most ironic statement I've read today.
post #3 of 24
Quote:
Originally Posted by crust_cheese View Post

The most ironic statement I've read today.

couldn't agree more.
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post #4 of 24
oh the irony lmao
     
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post #5 of 24
Eh, They've known this from the word go - they're not stupid, but they sure as hell like to make us think they are.


The entire "Piracy is bad and is costing us loads, stop it" argument is just a means for these companies to sway and control the masses, nothing more, nothing less. Always has been. What it boils down to is them unwilling to change old habits because it would cost them more money and effort to tailor to an evolving need.

In the end, it's all about the money. Money talks, bullpoop walks.
Edited by Thingamajig - 2/26/12 at 6:31am
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post #6 of 24
So can all go SOPA, ACTA and other crap please go now....
    
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post #7 of 24
Quote:
Originally Posted by Stuuut View Post

So can all go SOPA, ACTA and other crap please go now....

Somehow i forgot about this, but that further proves my point.
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post #8 of 24
About time he stopped living in a world of denial.
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post #9 of 24
The irony is strong with this one.
     
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post #10 of 24
hm the irony is strong in this article. Maybe now the music industry will start to realize they are hurting their own industry?
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