Everyone who listens to music needs to READ THIS!

[Bennyboy]

84. Another take.....(great response to the response to the response)

Once again, the issue of stealing music and its moral/financial/ethical arguments are dredged up. And once again, most people miss the overall point, causing the collective issue to dig a deeper ditch while those who've moved past it (i.e.: major labels) are busy raking in the dough in the new music business.

Yeah, you heard me. It's 2012, and now the neophytes are actually many indie artists (not all) while the smarter ones tend to be concentrated at major labels, thereby strengthening their power.

SNIP

Respected blogger Cory Doctorow also noted last month that a summary of over 20 different papers on file trading shows very little impact on sales from file trading. Drew Wilson, the author of the summary, got his results from such "fringe" groups as The Wharton School, The Journal of Law And Economics, and The Journal of Business Ethics. The most interesting line in the summary to me is this one:
Judging by the evidence we've collected, the evidence does not point in the direction that file-sharing, in and of itself, displace sales, but rather, other factors would also play a role in displacement of sales.
The primary "other factor" is the fact that there are too many artists competing for shrinking dollars, largely due to the shift from albums to singles. Despite the economic number that David Lowery quoted of the number of professional musicians falling by 25%, if you took "album releases" as an indicator, it seems like the number of pros has increased. In a decade, we've gone from about 30,000 albums being released to over 77,000 last year. And that's just albums going thru legit channels.

SNIP>>>>>>>>>>>>>>>>>>>>>>>>>>

MORE AT LINK:http://www.billboard.biz/bbbiz/industry/record-labels/guest-post-jay-frank-on-npr-s-emily-white-1007388552.story