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Research: File Traders And Music Purchasing

Posted by timothy on from the maybe-it-has-to-do-with-wallet-size dept.

An anonymous reader writes: "Like a TV preacher taking excerpts from the Bible to support a contrary thought, the results of research can be similarly interpreted in opposite ways. Edison Research just released a pro-record industry report stating '10.1% of 12-17s are actively downloading/not purchasing music.' Richard Menta over at MP3 Newswire noted that this also means 90% of file traders are buying music, a positive result that supports the virtues of trading. Menta then goes through the study's findings one-by-one, questioning Edison Research's conclusions. This includes their recommendation to the industry to fight the 'downloading problem.'"

3 of 377 comments (clear)

  1. Interesting.. by neksys · · Score: 5, Interesting
    I don't know about anybody else, but my purchasing habits have changed quite a bit as a result of having the ability to download music. I actually purchase fewer cds than I did before - not because I'm cheap, but because I now have the opportunity to listen to albums before I put my hard earned cash into them. So yes, the record industry gets less of my money from poor purchases - conversely, the bands I truly enjoy and wish to support get more money from me than they would have previously.

    I like to consider my money an investment into a band I support - the more money they have to spend, the more music I get from them in the future. And just like any investment, one must have research tools on hand to ensure that your money is going to get a good return - It just so happens that in my case, its gnutella. Its not piracy - its good business. Surely the RIAA understands that.

  2. Re:Let's see an up-to-date business model by Rasta+Prefect · · Score: 5, Interesting

    How did the Greatful Dead do it? They made money from concert tickets, t-shirt sales (Hey, that's the sweetest pie! quoth Krusty.) and probably a little from album sales. But they never really cared about concert bootlegs. Don't know how they felt about trading actual albums.

    I'm not a deadhead by any stretch of the imagination, so maybe someone can explain.

    Concerts are where most bands make the vast majority of their money. The only people making real money off CD's are their labels. The only reason bands need the albums at all is to raise awareness for their concerts. So if they can use the Internet to make others aware of their existence, the labels are no longer nessecary. Excellent business model, but theres no place in it for the RIAA, and hence they'll fight it every step of the way.

    --
    Why?
  3. "actively not purchasing music" by Dr.+Awktagon · · Score: 5, Interesting

    Ah, such beautiful doublespeak. Would you like to hear the sad tale about the twenty-something who is actively not purchasing a new Lexus? In fact, said twentysomething actively doesn't purchase a new Lexus every single day of the year. Assuming a new Lexus costs $40,000, that adds up to nearly $15million per annum, which is a lot of lost revenue for the high-end car industry.

    When questioned, this twentysmoething admits he feels no moral misgivings about accepting rides to work in his neighbor's Lexus without the company's express permission, and will probably continue to get free Lexus rides without paying in the foreseeable future.

    Something needs to be done about this not-buying Lexus problem!