In Reply to: RE: We've all go skin in the game.... posted by David Smith on September 5, 2014 at 17:04:06:
Understood. But as a lawyer and economist who has dealt with music industry issues, copyright issues, royalty issues and business issues generally for many years, I have my own viewpoint on these issues that isn't entirely naïve either. I could see the recording industry's problems coming many years before things reached their current state, and yes, before the Napster fiasco, which I see as a symptom or result of the problems, not their cause.
It is a hidebound industry that was accustomed to making profits a certain way, and when their comfortable world began to be threatened by advances in technology, rather than embracing innovation they resisted it at every turn. They lobbied Congress for changes in federal copyright law and got some of them, that at most have stifled competition and innovation and in the long term have not and will not save them.
I think it will be many more years before this industry stabilizes. But my suggestion that wherever possible, people want to pay for access, not usage, is something I've seen emerging for years now. I see you disagree. Time will tell.
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Follow Ups
- RE: We've all go skin in the game.... - rbolaw 18:27:39 09/05/14 (1)
- Actually what we're discussing here are two different things. - David Smith 18:42:46 09/05/14 (0)