The recording companies have built themselves an artificial market that cannot maintain their expected bottom line.
They'll continue taking from the artists even when things like digital music reduce overhead. You remember when they tried to reduce royalty rates (http://gizmodo.com/352762/riaa-wants-to-cut-artist-royalties-to-9-apple-wants-them-at-4-artists-just-want-to-eat)? Or how about when multiple artists sue their record labels for unfair royalties (http://www.rollingstone.com/music/news/james-taylor-sues-warner-brothers-over-royalties-20120917)?
I guess you could say they're not screwing them over, but rather bending them over and sodomizing them for every last scent to maintain their profit.
Ah yes they did:
"Discs with DRM schemes are not legitimately standards-compliant Compact Discs (CDs) but are rather CD-ROM media. Therefore they all lack the CD logotype found on discs which follow the standard (known as Red Book). Therefore these CDs could not be played on all CD players. Many consumers could also no longer play purchased CDs on their computers. Personal computers running Microsoft Windows would sometimes even crash when attempting to play the CDs.[55]"
http://en.wikipedia.org/wiki/Digital_rights_management
You can argue semantics on the fact that the CDs were considered "CD-roms" but they still had music placed on them and eventually replaced the CD format.
In fact, I remember in 2005 buying a CD that gave me only 5 chances to copy it.
http://www.dailymotion.com/video/x4b1ie_will-ferrell-loud-and-proud-gay-pri_shortfilms#.UaeKDECG2xM
"THAT'S SHEER ASSERTION. A laborer owns his work. "
And what if a group of people takes the laborer's work as their own and keeps it for a ridiculous length of time providing only a meager amount of compensation?
I don't mind that a business has the prerogative to keep itself afloat and avoid making decisions that may cost it money (even if the decision means they make more money in the long run), but I hate that their shortsightedness gives them reason to affect the law and by extension the population.
"FIRST YOU GUYS NEED YOUR OWN CONTENT, NOT TO STEAL FROM OTHERS."
Wow, talk about overgeneralization. No wonder no one takes you seriously.
Did you read Michael Carrier's paper?
Obviously there is a moral quandary over what Napster did, but they paid for it in court, end of story.
The fact that this technology was then offered in a legitimate way and subsequently shot down with legal threats proves these record labels were complacent with the current state of affairs and did not want to innovate any further.
One of the people interviewed in the paper said that if the record labels had embraced this technology, they'd could have made millions within those first few years.
In Colorado, you are only allowed a certain amount of solar panels on your home because Xcel Energy, our energy provider, doesn't want to lose out on all that precious money.
We could all be saving a ton of money due to the fact that solar technology has been getting rapidly cheaper and cheaper(http://www.economist.com/blogs/graphicdetail/2012/12/daily-chart-19), but myself and a lot of other people are restricted from innovating our homes because Xcel's profit margin is more important.
This is the constant with these companies. The monetary needs of the few over the majority.
I like this quote:
"Vidich said he's the one who suggested that iTunes charge 99 cents per track and he remembers Jobs nearly hugged him. At the time, Sony Music execs wanted to charge more than $3 a track, according to Vidich. No doubt a $3 song price would have tied an anchor around iTunes' neck, stifling growth."
http://www.theverge.com/2013/4/26/4265172/itunes-store-at-10-how-apple-built-a-digital-media-juggernaut
To be honest, I don't think the record labels are intentionally trying to stifle innovation in this case, but their short-term ideal of continued economic prosperity via sale of the physical medium has contributed to their maladaptive attitude and inability to maintain the bottom line.
For example, they still require ridiculous amounts of money as compensation for what they provide hence Spotify's inability to break even for the first few years it was out.
T
Bob has no need for your facts! (no pun intended)
Mild? I think everyone's come to a consensus that you have nothing to add.
C'mon, Blue, you're not changing anyone's mind.
You sound like a drunk poet projecting.
Then again, I thought you'd be smart enough to know these companies work towards their prerogatives, which is to make a profit.
The man has a point about blues agenda
Still he is influential...in the way that every court has its jester
Every time I click to un hide ootb's comments...
http://imgur.com/r/Reactionjpegs/R3X0
I think he is alluding to the fact that no one gives a shit about your speculation.
Oh look, Adria Richards has a new job.
Bah, should have been more descriptive.
It's a tiger beat poster of Mike Masnick.
Rikuo, you need order one of these:
http://tinypic.com/view.php?pic=2chq906&s=6
"...making it sound like they hate the blind"
I don't think they hate the blind, but they sure do present a nice heaping spoonful of malice towards anything or anyone that may threaten their bottom line.
Re: Re: Re: Re: Techdirt staple: Timmy feeding the gamers again.
OOTB is infringing on Steve Jobs patented reality distortion technology.