Justice Dept. to Probe RIAA!
I told you the tide was turning in DC. The Justice Dept. is launching an investigation similar to Eliot Spitzer's in NY to address the rampant price-fixing in this industry, this time they're specifically looking at online sales.
The labels are not gonna have that cush ride they expected when they were in there screaming about Napster. It's sort of like the US after 9-11. At first, people did feel sorry for us, but we squandered our goodwill and of course that rube Bush didn't care, or notice. Same with the labels, there was some sympathy at first, I mean, they did take it up the ass, and they got a sympathetic reaction from the courts and Congress. But, they don't know where to stop, they just got more and more aggressive and greedy, and they didn't even care how it looked.
But, you know, people are like that. They get imbued with a false sense of entitlement or power. I've started to notice how often it is the case that people don't realize what they've lost till it's long gone. I've seen marriages that are dead as a doornail go for years with no one willing to point it out, Skillings and Lays who rape and pillage California down to its last dime, people who don't realize how far they've gone, how much respect or sympathy they've lost until it's way too late. So, here's another example of desperate companies doing increasingly desperate things instead of doing what good businesses do and respond to the needs of their customers. And, the message is, there is a price.
The studios will survive for many more years distributing exquisite action films with lots of violence and voluptuous women to a worldwide audience but, the labels are dinosaurs. The once $16B domestic industry is now under $12B and it will go nowhere but down. Music can be democratized so much more easily than film and it's gone too far to stop it. They've lost the youth. Their last hope was to hold on to catalog, but, they can't, the files are too small. They're out there, the genie is out of the bottle. It's like Tina Turner's patter before Proud Mary, she says, "Some people like it easy, and some people like it rough" . Well, these label guys are the toughest of the sharks and they like it rough. And, rough it's gonna be, for them and the folks who want their music.
The labels are not gonna have that cush ride they expected when they were in there screaming about Napster. It's sort of like the US after 9-11. At first, people did feel sorry for us, but we squandered our goodwill and of course that rube Bush didn't care, or notice. Same with the labels, there was some sympathy at first, I mean, they did take it up the ass, and they got a sympathetic reaction from the courts and Congress. But, they don't know where to stop, they just got more and more aggressive and greedy, and they didn't even care how it looked.
But, you know, people are like that. They get imbued with a false sense of entitlement or power. I've started to notice how often it is the case that people don't realize what they've lost till it's long gone. I've seen marriages that are dead as a doornail go for years with no one willing to point it out, Skillings and Lays who rape and pillage California down to its last dime, people who don't realize how far they've gone, how much respect or sympathy they've lost until it's way too late. So, here's another example of desperate companies doing increasingly desperate things instead of doing what good businesses do and respond to the needs of their customers. And, the message is, there is a price.
The studios will survive for many more years distributing exquisite action films with lots of violence and voluptuous women to a worldwide audience but, the labels are dinosaurs. The once $16B domestic industry is now under $12B and it will go nowhere but down. Music can be democratized so much more easily than film and it's gone too far to stop it. They've lost the youth. Their last hope was to hold on to catalog, but, they can't, the files are too small. They're out there, the genie is out of the bottle. It's like Tina Turner's patter before Proud Mary, she says, "Some people like it easy, and some people like it rough" . Well, these label guys are the toughest of the sharks and they like it rough. And, rough it's gonna be, for them and the folks who want their music.
posted by Intervision at 9:54 AM
1 Comments:
Nice work! I enjoy reading your refreshing perspective. I now have you bookmarked. Thanks
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