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A Sad Week For The Music Industry-a note by Nick Warren (pg. 2)
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| flavdave |
| The music industry isn't dying. The CD/vinyl industry is dying. |
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| Clovis |
| quote: | Originally posted by Adam420
Yea I just don't see it. If anything the recent trend of legal download sites like Beatport is what led to these companies' demise. I don't think people who are downloading music illegally would have otherwise bought it on vinyl. |
You can bet your ass they would if there wasn't a choice.
The ease and convenience of filesharing is indeed hurting labels. |
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| Guest |
| quote: | Originally posted by Clovis
You can bet your ass they would if there wasn't a choice.
The ease and convenience of filesharing is indeed hurting labels. |
I disagree. Its hurting dj's because now any jackass can become a star overnight if he has a macbook. |
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| airwalker1 |
people have been copying and sharing music for like,well ever!
welcome to the digital age. |
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| elFreak |
| quote: | Originally posted by Guest
I disagree. Its hurting dj's because now any jackass can become a star overnight if he has a macbook. |
no |
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| Allied Nations |
| quote: | Originally posted by Clovis
The ease and convenience of filesharing is indeed hurting labels. |
Seriously. How can anyone deny this? |
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| elFreak |
| quote: | Originally posted by Allied Nations
Seriously. How can anyone deny this? |
the same reason they can't afford the 2 bucks...they are losers. |
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| flavdave |
| Digital sales are growing, physical sales are decreasing. Considering the higher margins on physical releases, no they are losing money. But as digital sales continue to grow, they'll be able to rake in as much cash as they did before. |
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| Mr.Mystery |
| quote: | Originally posted by Allied Nations
Seriously. How can anyone deny this? |
Nobody's denying it. It's just that the illegal file sharing excuse has been used time and time again to cover up for poor management skills.
It's hardly a surprise record labels/distributors are going down in this day and age. But don't take us for fools. |
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| Sykonee |
| quote: | Originally posted by flavdave
Digital sales are growing, physical sales are decreasing. Considering the higher margins on physical releases, no they are losing money. But as digital sales continue to grow, they'll be able to rake in as much cash as they did before. |
I doubt that. Despite the fact that people are essentially paying for nothing tangible, digital gross isn't nearly as profitable as physical gross (especially so with things like iTax involved). |
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