jake on 2004.07.23
at 06:12 pm
I think that this quote from Hatch pretty much sums up what is wrong with this whole process.
"We're going to do this, we're going to get this done," Hatch said. Piracy has been "a doggone catastrophe to these artists."
Not only is there no direct correlation between P2P services and sales of CD's but by stopping online piracy there is no direct benefit to the artists. It is common knowledge that artists make cents per CD sale and make all their money through touring and merchandise.
Also we are still hearing about the other side of this where it's being proven that the RIAA is a bunch of morons. And we see some actual sales statistics.
"Over the period 1999 to 2003, DVD prices fell by 25% and the price of players fell in the US from over $1,000 to almost nothing," says Strumpf. "At the same time, CD prices went up by 10%. Combined DVD and VHS tape sales went up by 500m, while CD sales fell by 200m, so a possible explanation is that people were spending on DVDs instead of CDs."
Posted in: Politics · Technology
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