BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Are music pirates good for artists?]]>http://www.bloggingstocks.com/2009/05/18/are-music-pirates-good-for-artists/http://www.bloggingstocks.com/2009/05/18/are-music-pirates-good-for-artists/http://www.bloggingstocks.com/2009/05/18/are-music-pirates-good-for-artists/#commentsFiled under:

An interesting article from the BBC takes a look at how file-sharing web sites can actually make a music act more popular. In fact, the research cited in the article shows that the most-pirated songs tend to be those at the top of the charts.

Think of the potential impact of this on Apple (NASDAQ: AAPL). I remember the halcyon days of Napster and the likes, when you could go online and find songs from various artists (I even found Scruffy the Cat on Napster, not an easy task) and download as many as you want.

Well, when the RIAA and Metallica decided to wade into the fray -- sites like Napster were either summarily shut down or had to start charging for their services.

Continue reading Are music pirates good for artists?

Are music pirates good for artists? originally appeared on BloggingStocks on Mon, 18 May 2009 14:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>free musicFreeMusicitunesitunes storeItunesStoremusic downloadsmusic industrymusic piracyMusicDownloadsMusicIndustryMusicPiracypirated musicPiratedMusicMon, 18 May 2009 14:30:00 EST<![CDATA[EMI wants to cut funding to trade groups like the RIAA]]>http://www.bloggingstocks.com/2007/11/28/emi-wants-to-cut-funding-to-trade-groups-like-the-riaa/http://www.bloggingstocks.com/2007/11/28/emi-wants-to-cut-funding-to-trade-groups-like-the-riaa/http://www.bloggingstocks.com/2007/11/28/emi-wants-to-cut-funding-to-trade-groups-like-the-riaa/#commentsFiled under: , , ,

A Reuters article this morning reports that British-based music company EMI "wants to cut its funding to the industry's trade bodies... which could deal a blow to the fight against music piracy." Trade groups are the entities that "represent music companies and the fight against illegal piracy." Between the four major label groups: EMI, Warner Music Group Corp. (NYSE: WMG), Universal Music Group, and Sony BMG; the International Federation of the Phonographic Industry told Reuters that over $130 million each year goes to funding companies like it and the Recording Industry Association of America.

Groups like the RIAA have an important mission of course, and this plan would severely limit the fight against piracy, but one music industry giant dropping out certainly would not add too much of a burden. We should not be surprised that EMI is the company to come out with this plan, even before Terra Firma took over in September the music giant had dropped the digital protection against piracy (Digital Rights Management technology) encoded into its media files.

File sharing and piracy costs the recording industry loads of money every year (Reuters estimates that value in the billions) but it seems clear that the music industry cannot fight piracy while undergoing a major shift away from the "traditional" markets it has utilized for over 50 years. CD sales are plummeting while digital sales steadily grow. One label may not be able to change how piracy is tackled, but the current DRM-free approach coupled with new resources to market those products might make a difference. What difference, if any, is still to be seen. Just apply the Radiohead approach to everything and let consumers name the price of music. Many surely have some conscience...

EMI wants to cut funding to trade groups like the RIAA originally appeared on BloggingStocks on Wed, 28 Nov 2007 17:39:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>cd salesCdSalesdrmfile sharingFileSharingmusic downloadsmusic piracyMusicDownloadsMusicPiracyriaaWed, 28 Nov 2007 17:39:00 EST