Slashdot Mirror


Still More RIAA News

We just did an article about the RIAA's mendacity with statistics, and here come some more: first, someone has gone to the trouble to deconstruct their income figures over the past few years, showing that the RIAA's lack of investment in new releases is in itself sufficient to explain any dropping sales, and second, this website concerning the music industry settling a price-fixing lawsuit, which I believe is this one, filed two years ago.

4 of 246 comments (clear)

  1. Quibble by squiggleslash · · Score: 5, Interesting
    We just did an article about the RIAA's mendacity with statistics, and here come some more: first, someone has gone to the trouble to deconstruct their income figures over the past few years, showing that the RIAA's lack of investment in new releases is in itself sufficient to explain any dropping sales, and second, this website concerning the music industry settling a price-fixing lawsuit, which I believe is this one, filed two years ago.
    Ok, first off: The RIAA is not a record producer or publisher. It's an industry group that represents producers and publishers. I assume the comment suggesting that the RIAA hasn't invested in new releases actually means that RIAA members have not invested in new releases, or even that record producers in general have not invested.

    I point this out because it gets grating every time it's suggested that the RIAA is some giant monopoly that controls what gets published and whatnot. It isn't. That's about as sane as headlining a report describing a "going postal" type massacre as "NRA goes on shooting rampage in post office".

    The RIAA is an industry association. It does not control its members, its members control it.

    --
    You are not alone. This is not normal. None of this is normal.
    1. Re:Quibble by Guppy06 · · Score: 5, Interesting

      "I point this out because it gets grating every time it's suggested that the RIAA is some giant monopoly that controls what gets published and whatnot. It isn't."

      It's a price-fixing cartel that has established oligopoly control of the entire market, just like OPEC. I feel it's perfectly justified to call its actions "monopolistic" since they're identical to what a monopolistic entity (like Microsoft) would do.

      I've heard of splitting hairs before, but sheesh...

  2. RTFA by ajs · · Score: 5, Interesting

    The article referenced is quite clear on this point. It is quotoing the RIAA's announcements regarding income industry-wide (though presumably the RIAA's definitaion of "industry-wide" refers only to it's members).

    The differnce between saying that the RIAA's income statistics are incorrect and saying that the NRA shot someone is that the NRA was likely not involved in the shooting, and likely did not colude to make the shooting happen the way it did.

    The RIAA is directly reporting these statistics. They are the RIAA's collective industry statistics. Also, the RIAA members have been shown to actively colude to make these statistics what they are through price-fixing and other tactics.

    On the point of calling the RIAA a monopoly, I think it's perfectly fair. Just as a corporation can act as a single entity even though it is made up of many individuals, so too does the RIAA act as a single entity for the purposes of controling retail sales of music and lobbying (i.e. buying politicians) for music-industry causes like passing the DMCA. BMI did not lobby to pass the DMCA independantly, the RIAA did. This is a tactic for gaining control over the market and over the technologies that affect the market by the RIAA.

    Monopoly tactics? Yep.

  3. Re:many perspectives by MacAndrew · · Score: 5, Interesting

    Amen.

    I'm glad also not to hear you (quite) say, "Well, I'd stop stealing if they'd just lower prices." Stealing will always be free (esp. when P2P cuts out the street corner middle man in the trenchcoat), and they can never compete with free. Just say "no" to extortion. :)

    CD prices have fallen surprisingly little in 20 years -- about a third in inflation-adjusted dollars. I don't remember prices like this with vinyl, and when CD's came along there was a hefty premium for them. Yes, they provided higher quality, but I bet their production costs are now far lower.

    I think the RIAA members need to do some serious introspection about their business model. That doesn't mean ignoring infringement, but realizing that the boat is sinking because of a lot of larger holes in the hull. Direct sales are a great concept; other methods to lower costs must exist. Note however that we do live in a society that somehow manages to buy $130 Nikes that cost $30 wholesale. (Astonishingly, Nike only makes a few dollars profit on each pair.) The record industry is far from the only industry with big markups, so don't rush to any conclusions.

    The RIAA members should not abuse market statistics or fix prices to promote their cause. Resentful consumers should not steal to promote theirs. Now, all join hands and sing....

    The funny thing is I'm sure 99% of the public has no idea what all this talk is about. The one-quarter who do don't even talk to the three-eighths of the 10% of the last ninth who uh... Well, I'd like to see some statistics on that, I'm 110% certain.