(Planet Me)
Wednesday, March 26, 2008
 
The Strawmen That Broke The Camel's Back, explains the fundamental fact behind MP3's and the decline of the recording industry. "Not paying for a digital download is only like stealing a CD if you steal from a magical CD shop where each item replenishes itself on the shelf. And in such a shop, the value of the CD for sale might be seen to be almost nothing, since its perpetual supply would suggest a pricepoint at approaching zero.95% of what EMI does fails to make money. EMI losing on 19 out of every twenty bands it works with isn't a reason we need record labels - it's the reason why we don't."

- posted by Mark @ 9:08 pm
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