arstechnica.com — Despite the success of the download model, the RIAA has continued to complain about decreasing CD sales and shrinking profits. At the same time, digital sales have soared. Digital media now accounts for nearly 9 percent of recording industry revenues and a startling 42.6 percent of total unit shipments.
Apr 6, 2006 View in Crawl 4
Closed AccountApr 7, 2006
These bastards have to be stopped somehow. Unfortunatley the vast majority of CD buying people out there are pretty apathetic to the whole issue and will keep buying CDs by artists the RIAA 'represents'.
blacklilyninjaApr 7, 2006
TIme warner quarterly profit up 21% as of feb 06. THats an INCREASE IN PROFITS from last quarters profits. not total profits. Time Warner's revenue rose 7 percent, to $11.9 billion from $11.1 billion a year earlier, on gains in cable TV, movie and TV production, cable networks and magazine publishing.Warner said its music profits jumped 92 percent to $69 million, or 46 cents per share, up from $36 million, or 31 cents per share, a year earlier.
flibbittyjibbitApr 7, 2006
Imagine ithat you are out to eat and the waiter brings you a desert tray. On the tray there is a bowl of straw, a rock, a plate of dirt, and a slice of white bread. The waiter informs you that all the deserts are 99 cents. You ask to see another desert tray. Ten minutes later he returns with a similar selection. An hour later, and 5 more trays, and the waiter brings you a tray which includes a nice peice of chocolate cake. Thank you for dining at the RIAA.
jinexileApr 7, 2006
Which is amusing since 99% of the music I download has never been commited to a cd-r... I pay a tax to the CRIA for putting games, applications, backups, my pictures, and personal movies on. That's like paying the electric company a tax for using a gas lamp.
cerebralApr 7, 2006
What it comes down to is that no Economics model fits what is going on here except for a Monopoly. If you want song X from Artist X, they are the only way to get it. It actually fits other models... for example if you want a Porsche you pay a premium for that car. The problem is that what the music industry is trying to do with things now (DRM) is tell you "Hey you bought that Porsche but you can only drive it in the state you bought it in" or "You may not drive this on Wednesdays."The sad part is that this is where the Government should step in and protect citizens from things like this... but the government is a Monopoly also being that they sell-out to the highest bidder and since when did we ever ban together and give them millions/billions of dollars?This is also why people need to VOTE.
el_tacoApr 7, 2006
They're waiting for the college kids to drop out so they can make their lawsuit payments. Those profits are still pending.
zevfanApr 7, 2006
Another site that's all about putting the artist first is: www.tuneflow.comThey just launched today (April 7th).