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BMI Reports All-Time Profit High Despite Piracy

Posted by CowboyNeal on from the business-not-so-bad-after-all dept.

applemasker writes "Arstechnica is running a story chock full of links to other interesting things about BMI's amazing record profit and how the RIAA skews its sales statistics while strangling fair use." Phew, so the artists aren't really starving, but we still can't all go back to "borrowing" music from our friends instead of each purchasing our own copy.

3 of 335 comments (clear)

  1. Reminds me of South Park by imehler · · Score: 4, Funny

    Those Bastards! They did have enough for their 17th corvettes, solid gold diamond encrusted swimming pools and harem full of supermodels after all - that FBI agent LIED to us!

  2. Comment removed by account_deleted · · Score: 4, Funny

    Comment removed based on user account deletion

  3. Bringing an artist's bottom line into existence by tepples · · Score: 4, Funny

    Unless they mean that piracy can bring an artist's bottom line into existence-- an interesting concept.

    "They're pirating our records!"

    "How can we get them to buy our records? What's something we can offer that the pirates can't?"

    "Ummm... liner notes?"

    "Bingo. Let's have $TEEN_FEMALE_SINGER get her butt done and put more pictures in the liner notes of her next album."

    So then the label advances $TEEN_FEMALE_SINGER the money for cosmetic surgery on her backside, effecting her bottom line.