Quote:
|
Originally Posted by Oi_To_The_World
i think the biz in general is profiting from music downloading, because it introduces people to new music, encourages people to come to shows, and people tend to spread the word about good bands, etc.
|
http://www.riaa.com/issues/piracy/default.asp
"Each year, the industry loses about $4.2 billion to piracy worldwide -- "we estimate we lose millions of dollars a day to all forms of piracy."
"Record companies lose. Eighty-five percent of recordings released don’t even generate enough revenue to cover their costs. Record companies depend heavily on the profitable fifteen percent of recordings to subsidize the less profitable types of music, to cover the costs of developing new artists, and to keep their businesses operational. The thieves often don’t focus on the eighty-five percent; they go straight to the top and steal the gold. "
"Finally, and perhaps most importantly, the creative artists lose. Musicians, singers, songwriters and producers don’t get the royalties and fees they’ve earned. Virtually all artists (95%) depend on these fees to make a living. The artists also depend on their reputations, which are damaged by the inferior quality of pirated copies sold to the public. "
Sorry pal but you cant dispute the facts. Granted lots of people will buy a cd after hearing some of the tracks off of it, but how often? Maybe 1 out of 5 cds the download they will acctualy purchase. Whatever, your entitled to your ideas. Im just expressing the other side of the issue which isnt heard as often that piracy is bad.