Do you have any actual examples of record industry greed? Any examples of the record companies having cities submit proposals for a new HQ full of tax incentives so that taxpayers are effectively subsidizing a company that earns billions in profit? Or are you going to fall back on the same tired examples of record companies using the legal system to protect their copyrights as P2P networks completely gutted their business?
You just keep posting examples of the music industry failing to adapt to the world we live in. Imagine a video game console that only had physical media. That's what the music industry wants. They've got forced into adapting extremely slowly because they keep losing. You're trying to say itunes, a service in which people paid for the music they wanted, was the downfall of the music industry?
This is just absurd. The record industry has been on board with digital since iTunes launched in 2003. What they're asking for is Twitch/Amazon to pay up like YouTube, Spotify, Pandora, and everyone else. No idea how you would extrapolate that to mean they want to go back to physical media.
They've definitely made mistakes along the way. But continuing to enforce their copyrights isn't one of them.
No, iTunes isn't a P2P network. P2P networks were applications such as Napster, Kazaa, Limewire, etc. iTunes launch is the inflection point on the chart where the crashing revenue started to level off. Did you even look at the chart?
I really doubt this considering that the law explicitly limits the size of the venue that can play unlicensed music via the radio, and I'm even more doubtful that you have any understanding of case law beyond "feels".
I'm done responding to you, you can't even look at/read the shit you post that goes against your own arguments
Based on CNN graph I'd put the inflection point around 2005-06, right around the time iTunes gained widespread adoption and the iPod was a big thing. It's important to evaluate these things in context. I think the emergence of iTunes accelerated the transition to digital, which was never going to be as lucrative as physical media for record companies. Does this mean that iTunes crushed the revenues for the recording industry? No, I don't think that's fair to say. As we know, the revenues were already in freefall at the time iTunes was released mainly due to P2P sharing which the recording industry didn't see a cent of. iTunes was a tournicut for the bleeding caused by P2P sharing. The options were to bite the bullet and adopt a digital model that's palatable to customers who had become accustomed to picking and choosing the individual songs they want to hear, or to sit and watch as their world burns to the ground. With the benefit of hindsight, I think they made the right choice.
They literally just don't want someone BROADCASTING music they own. I don't understand why panties are in a bunch over this. This is how business works.
