Why I Hope The RIAA Succeeds

from the no,-seriously dept

This week's post in the lack of scarcity series is going to be brief, since I'm busy at the latest DEMO show (I'll be doing a post on the interesting trends later). However, I have noticed something in the comments from the series of posts I've done. Plenty of people who seem to agree with what I'm writing make sure to add in something about how they hate the RIAA or the MPAA (sometimes in... well... colorful language). There's also a running assumption that I clearly hate these organizations -- and they equally dislike me.

While I have no clue about their feelings towards me, I should clarify my feelings towards them -- which I would hope is clear from these posts. I do not hate the recording industry or the movie industry. Quite the opposite. I'm a big fan of both music and movies. The point of this series is not to slam the organizations making these moves, but to help them. I hope they succeed, because it would be a lot easier for everyone involved. However, I do believe that their current strategies of alienating their best customers, relying on government protection, and pretending this is some sort of epic battle between good and evil aren't just doomed to fail, they're actively making things worse for themselves. What I write shouldn't be viewed as hatred for these organizations, but suggestions on how they could create for themselves a much bigger and more successful market that doesn't require everyone to hate them. I'm quite confident that the market for entertainment is only going to grow to tremendous levels going forward -- and I believe these organizations have every opportunity to capture quite a bit of it (though, they've been throwing that chance away every day). It's just a matter of recognizing the long-term strategic errors of their ways.

This seems like an obvious point to me, but given some of the discussions and comments, it seemed worth reiterating.

If you're looking to catch up on the posts in the series, I've listed them out below:

Economics Of Abundance Getting Some Well Deserved Attention
The Importance Of Zero In Destroying The Scarcity Myth Of Economics
The Economics Of Abundance Is Not A Moral Issue
A Lack Of Scarcity Has (Almost) Nothing To Do With Piracy
A Lack Of Scarcity Feeds The Long Tail By Increasing The Pie
Why The Lack Of Scarcity In Economics Is Getting More Important Now
History Repeats Itself: How The RIAA Is Like 17th Century French Button-Makers
Infinity Is Your Friend In Economics Step One To Embracing A Lack Of Scarcity: Recognize What Market You're Really In

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  1. identicon
    Jon T., 22 Jan 2008 @ 1:56am

    Are you out of your mind !!

    The RIAA and MPAA are organizations that are illegal. Because they are so powerful and control Congress, they are not banned. What is illegal is when companies in a industry band together so that they stop competition and fix pricing. What both the RIAA and MPAA do is collusion. About 20 years about Major League Baseball was fined heavily for collusion and some owners, like George Steinbrenner were suspended for a year or two. Industry organizations can help promote and advertise, BUT NOT engage in collision, which both of them do. They have stolen and keep stealing hundreds of millions of dollars from artists. The DA of New York (now governor), has been the only one with the guts enough to sue both organization with heavy duty fines and make some of their practices of collusion, price fixing and stop the gigantic practice of payola (in N.Y. only),which is far, far greater than the practice that was investigated years ago. He hoped that the Feds would pick it up and do it on National level, BUT .... no investigation. Their lobbyists pay millions to Congressmen, and Bush and the administrative branches, with money that is virtually stolen from artists and over charging of customers. They have virtually no positive reason for their existence. Look at when the Feds nailed then for their outrageous price fixing by disallowing stores to charge less than a certain amount. Price fixing. Then all who filed, with a proof of purchase of albums or CDs would get paid $5 for each one, also a large contribution of media was made to libraries across the country. These are the organizations that went to court to stop the sale of reel to reel tape, cassette tape, VCRs, CDs and are in the courts now being sued by veteran groups like The Allman for screwing them out of royalties that they earned for sales from ITunes. They did however succeed in stopping the sale DAT (digital audio Tape) players and recorders to the public. Then they put a charge of a buck for every blank cassette purchased. Before it would be the technology companies that would gifht against the RIAA and MPAA in court. NOW the same technology companies are working together with the RIAA and MPAA to screw the artists and public. With no competition in the business anymore, the RIAA companies all have dropped their budgets for new artist development. It is the middle men in those organizations that fight change, the change that really would make the record companies that they represent a lot more money. Just like they fought against tape recorders and VCRs. Now they are lobbying (with money stolen from artists and consumers), to make it illegal to sell ANY MEDIA RECORDING Device and Blank Media !!It really is a smokescreen for the fact that less people listen to radio, bands can't afford to tour anymore, venues are very few, independent movies are far more creative and well written and acted than the Hollywood garbage, which focus on re-making old movies and more and more and more sequels of the same crap. Are you ready for Friday the Thirteenth 54 or Rocky 99 ? People thing when they pay the over-priced fees for downloads, that the money goes to artists. Nope, it goes to another company that is supposed to pay the record companies, who hopefully in turn will pay the artists a penny or two. Get rid of the RIAA and MPAA, allow a competitive market place and allow for creativity and especially allow for recording artists to make some money and tour again.

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