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UK Music Industry Sees Record Sales

ardmhacha writes "Despite the claims of gloom and doom from the BPI (the UK equivalent of the RIAA) the BBC is reporting that 'UK record companies are celebrating their best ever year for album sales, with a record 237 million sold in the 12 months to September. The British Phonographic Industry (BPI) trade body said albums by the likes of Keane and The Streets had helped drive a 3% rise compared with last year. It also said sales of single tracks were up thanks to the availability of legal download services.' It looks like music sales will continue to climb if the customers get something they like. The article also discusses adding music downloads to the charts."

59 of 244 comments (clear)

  1. Too much Limewire here... by Gothmolly · · Score: 5, Funny

    I read s/Phonographic/Pornographic, time to shut the computer off and go outside, I think.

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    I want to delete my account but Slashdot doesn't allow it.
    1. Re:Too much Limewire here... by kbranch · · Score: 2, Interesting

      I don't think it counts as karma whoring when you lose karma...

      Moderation +4
      80% Funny
      20% Overrated

  2. I'm surprised by heptapod · · Score: 5, Funny

    I thought it was all CDs nowadays, not records.

    1. Re:I'm surprised by toddestan · · Score: 4, Funny

      Well, you can download ripped music off the internet, burn it to CD, and have a copy that is indistinguishable from the original as far as the audio is concerned. You can't do the same for records. So I guess it's no surprise that records sales are up, as the people who prefer the sound of vinyl aren't going to be downloading music off the internet... or maybe I am just reading the headline wrong.

    2. Re:I'm surprised by pcmanjon · · Score: 2, Funny

      Im glad I'm doing my part to driving up the industry's sales. I'll keep using my P2P networks and try to drive it even more.

      It seems to work out for both of us. I pay nothing, the industrys sales skyrocket.

      Woohoo for modern tech!

    3. Re:I'm surprised by pcmanjon · · Score: 2

      " I think that it's fair to say that record refers to recording, not only to vinyl or any other specific medium."

      I also think it's fair to say that phonorecord and phonograph refer to a recording medium.

      Article quote "...The British Phonographic Industry (BPI)..."

    4. Re:I'm surprised by fireman+sam · · Score: 2, Informative

      Well actually phonograph is simply a sound recording. Phono = sound, graph = record.

      See also:
      Photograph - a recording of light
      Pornograph - a recording of the body

      --
      it is only after a long journey that you know the strength of the horse.
  3. Great! by noidentity · · Score: 3, Funny

    Now they can stop suing people in Europe.

  4. It may be high.. by t_allardyce · · Score: 2

    ..but they could have made much more if it wasnt for those pirates eh?

    --
    This comment does not represent the views or opinions of the user.
    1. Re:It may be high.. by blixel · · Score: 2, Interesting

      ..but they could have made much more if it wasnt for those pirates eh?

      Doubtful. I would venture to guess that a lot of people who pirate music wouldn't pay for it anyway. I buy 99% of the songs I listen to. The occasional song I "steal" is a song I never would have paid for anyway.

    2. Re:It may be high.. by NanoGator · · Score: 2, Insightful

      "Doubtful. I would venture to guess that a lot of people who pirate music wouldn't pay for it anyway."

      Alternatively, some people use 'piracy' to broaden their music tastes. $15-$20 is a lot to spend on an experiment. I doubt I would have ever downloaded music if I could have returned CDs I didn't like. Thankfully, services like Rhapsody and iTunes have made a huge step in the right direction for making the business fair for both the industry and its customers.

      --
      "Derp de derp."
    3. Re:It may be high.. by superpulpsicle · · Score: 2, Interesting

      iTunes gave me a chance to sample so many songs outside my usual categories. I have spent more money this past year off iTunes than the past 5 years buying CDs.

      I have downloaded so many unmarketed non-MTV songs, it's crazy. Even more amazing, I have not purchased a single full-album off iTunes. 100% of my purchases are single tracks from here and there.

  5. So this means what? by jarich · · Score: 5, Insightful
    I guess it depends on which spin doctor you listen to...

    A) Cracking down on P2P apps is driving sales again

    B) Good new music is driving sales

    C) The economy is picking up so people are spending money on things like music again

    D) P2P apps have exposed people to enough new music and now they are all out buying it

    1. Re:So this means what? by WIAKywbfatw · · Score: 5, Interesting

      If you look at the article, you'll notice a link to a related audio story in the top right corner, that talks about how the UK is bucking music industry trends. In other words, how the UK industry's growth is the exception rather than the norm.

      --

      "Accept that some days you are the pigeon, and some days you are the statue." - David Brent, Wernham Hogg
    2. Re:So this means what? by 0racle · · Score: 3, Interesting

      I seem to recal an artical where the Australian Record Industry has been breaking sales recoreds for the past few years. I don't think that its all that strange, though the UK may be doing better then most, no ones really hurting. Except my ears, so much music sucks.

      --
      "I use a Mac because I'm just better than you are."
    3. Re:So this means what? by Anonymous Coward · · Score: 2, Informative

      The economy is picking up so people are spending money on things like music again

      Your American bias is showing. Here in the UK, our economy doesn't have to pick up. We don't have record deficits and our currency is not in free-fall. In fact, we have the opposite problem - some Americans are worried about the sliding dollar, but over here the worry is that the pound might be too strong, which is hurting our exports. Funny old world.

      The real reason is your (B): our music industry has started concentrating on the things we do best ourselves, instead of trying to beat the best American artists at their own game. And whaddya know, as soon as we stopped copying you slavishly and started to make the most of our own talent, we started wanting our own music again! Amazing.

  6. ...proving enforcement actions pay off? by Anonymous Coward · · Score: 3, Interesting

    BPI began suing filesharers RIAA-style in October 2003, and this year the market rebounds. This isn't necessarily a testimony to the harmlessness of P2P; it could be a testimony to the effectiveness of containment and harassment.

  7. And at the same time... by mikael · · Score: 4, Informative
    --
    Vintage computer adverts: http://www.vintageadbrowser.com/computers-and-software-ads
    1. Re:And at the same time... by AC5398 · · Score: 2, Informative

      Nowhere in the article do they discuss what the current price of a cinema ticket in Edinburgh is, when the latest price increase was, how much the bucket of popcorn costs in a cinema, how clean the cinema is, etc etc.

      Rentals of legit dvds that can be viewed in ones home are also competitive with the cinema.

    2. Re:And at the same time... by horza · · Score: 2, Insightful

      ... in Edinburgh, local cinema managers are blaming declining attendances on pirate DVD's being sold at local flea markets.

      So much easier than blaming the decline in the quality in movies. I've noticed that I'm downloading more and more, despite the fact that it's far easier to go down to my cheap local video rental place than spend over a day downloading over the Internet. Why? Two reasons. First, the quality of films normally 'safe' (big names, major brand) have fallen to an APPALLING low. Eg I downloaded and watched Solaris with George Clooney. I would have felt sick if I'd paid 1c to watch that. Second, I cannot find the great films I want to watch for hire (examples: Project A with Jackie Chan, or Hard Boiled with Chow Yun Fat).

      I wait and read Rotten Tomato, and if it's got a good review then I'll watch it in the cinema (and if I miss it then DVD). Some I'll wait the fscking x months between it coming out in US and poor cousin 'Europe'. Otherwise I'll just download it and watch the first 15 mins. If it's good then I'll stop and hire the DVD (eg The Circle). If not I'll probably watch to the end, in the same way you can't help but watch a car crash, and then later wonder why I just lost a couple of hours of my life.

      Phillip.

  8. Lolipop. by Anonymous Coward · · Score: 3, Funny

    "It looks like music sales will continue to climb if the customers get something they like."

    Free Sex.

  9. Colour me pessimist by khrtt · · Score: 3, Funny

    Great! Now they have more money to sue people with!

  10. It's all fault of those pesky P2P apps! by Lisandro · · Score: 3, Funny

    Oh, wait...

  11. P2P makes me buy more albums by grundie · · Score: 4, Interesting

    Well I for one am definately buying more albums as a result of exploring new (to me) music on P2P networks. I'd never heard of Vanglis before P2P came along, now I own his entire back catalog. Surely, I'm not the only one like this?

    1. Re:P2P makes me buy more albums by Anonymous Coward · · Score: 2, Insightful

      I swear this happens to alot more people as well. Where are we expected to learn about new music without P2P? Radio is so repetitive, how does the recording industry expect to sell different music?

    2. Re:P2P makes me buy more albums by MrNemesis · · Score: 3, Funny

      Vanglis?

      Looks like someone's been getting their incorrectly titled music offof Kazaa... ;)

      --
      Moderation Total: -1 Troll, +3 Goat
    3. Re:P2P makes me buy more albums by Nick+Harkin · · Score: 2, Informative

      I'm not the grandparent, but I was in exactly the same situation, I had seen Blade Runner, but not heard any Vangelis on "it's own", so to speak, until I used p2p.

      Having used that, I now own 3 of their albums, one on vinyl, which I certainly wouldn't have without having downloaded a few songs off a p2p network.

      So in my case, the use of a p2p network has profited the music industry, or at least Vangelis and their record label.

      (I will add, just for the sake of completeness, that it was seeing Blade Runner which caused me to download the songs in the first place)

  12. UK Music Industry Sees -Record- Sales by Anonymous Coward · · Score: 2, Funny

    Records are back? Eeek!

  13. BPI by wikinerd · · Score: 3, Funny

    British Phonographic Industry - everytime I read the word Phonographic, I mistakenly read something else. I think that if BPI wants to maintain good public relations it should, at least, change its name!

  14. Price of legal downloads by TheBadger · · Score: 4, Interesting

    I don't understand why the price of a single track is 99p and albums are > £10!

    They don't made into CDs with packaging.
    They don't need to transported around the world/country in various forms of transport.
    They don't need to be stocked in a store which employs loads of people.

    Why, with practically 0 distribution chain, is the price still about the same as CD?

    When they come down to 25p then I'll start buying this way. Well, so long as there's no DRM.

    1. Re:Price of legal downloads by TheBadger · · Score: 3, Interesting

      I'm not saying we shouldn't pay. I'm saying that they're too expensive. Even adding the cost of website/hosting/load balancing. You cannot tell me that a 3-5 meg per track download is more expensive than producing the media and running it around the country. My webserver is allowed 1TB for about £800/year. That more than 100,000 tracks... erm I'll host for them for 5p a track download.

    2. Re:Price of legal downloads by TheBadger · · Score: 2, Insightful

      If you could now download your Mars Bar recipe and create it using your own chocolate and caramel, but they still charged 25p then you would be questioning what you were paying for.

      Not quite the same thing but my analogy of your post is closer than your analogy of my post.

      99p per track is how much I pay when I get my CDs from CD-WOW. The last one I ordered was flown over from the Far East. When I download an album they dont send me the CD and they dont send it on a plane. Now tell me that we're not being ripped off.

    3. Re:Price of legal downloads by WIAKywbfatw · · Score: 2, Insightful

      No offense intended, but you sound like the sort of person that, if the tracks were 25p each, would complain that they're still too expensive and that you'd pay for them if only they were 10p each instead.

      I buy plenty of music, mostly from CD Wow, Play.com, or Virgin Megastores, when they're having one of their 5 CDs/DVDs for £30 sales. I never pay more than £9 for any CD I want, and I get most of the music that I want for less than that.

      The other week I bought a bunch of stuff from Virgin, including the Black Eyed Peas Elephunk and the Ramones Anthology for £6 each. Other artists whose albums I've bought recently at that price include (in no particular order) the Sex Pistols, Jamie Cullum, Blur, Travis and Air.

      There are 57 tracks on my new Ramones double CD (32 on disc one, 25 on disc two). 57 tracks for £6. Now, I don't know about you, but that seems like a steal to me.

      Are CDs too expensive? Well, they're cheaper now than at any other time. When you factor in things like inflation, the CDs I'm buying now can't be costing me more than half what the CDs I was buying 15 years ago were.

      Same thing for DVD movies. I have over 100 DVDs - many of them 2-disc collectors' editions, director's cuts, etc - and not one of them cost me more than £10. In fact, I'd say 70 percent of them cost me £6 or less.

      Bottom line: CDs and DVDs on physical media can be had at damn good prices. Sure, legal downloads aren't as competitively priced as they could be, but you forget that, not only is legal downloading in its infancy, it's designed to provide a legitimate alternative to P2P downloading rather than compete with traditional music retailing from a price point of view.

      If you're expecting legal downloads - and legal downloads without any DRM at that - at a quarter of the price of discounted CDs then, sorry, but you're living in a dreamworld.

      --

      "Accept that some days you are the pigeon, and some days you are the statue." - David Brent, Wernham Hogg
    4. Re:Price of legal downloads by TheBadger · · Score: 2, Interesting

      Where does that remaining $14 get divvied up? Does anyone have the break down of the money distribution of a CD? I tried to find one, but failed miserably.

      I hope one good thing comes out of this big shuffle to downloading and that is the artists get a decent amount of the cut. Well it will definitely happen when the artists sells their tracks direct to the downloading services (who'll then advertise it for them).

  15. Re:Who? by Anonymous Coward · · Score: 3, Funny

    No, it makes you American.

  16. Sign some bands that aren't pure fluff... by bcore · · Score: 4, Insightful

    ...and see better record sales. Go figure.

    This might just be a better business strategy than suing your customers!

  17. No, the BPI is failing. by Anonymous Coward · · Score: 4, Insightful

    The British Phonographic Industry (BPI) trade body said albums by the likes of Keane and The Streets had helped drive a 3% rise

    I'd be impressed if the BPI said that they had a 3% increase due to the sales of new, smaller artists.

    But the BPI accounts the 3% rise in sales based on a few large pop acts. Undoubtably there was a reduction for all other artists. This isn't a success - this is a long-term failure in the making.

    The average pop act has a very short life. If you bet the bank on one or two hugely successful acts, then you're committing yourself to financial chaos.

    It is best to have a large number of stable, repeatable acts with long-term purchases that you can depend on.

  18. Piracy = Bad sales: always FUD? by MasterC · · Score: 5, Insightful
    I've always considered the stuff put out saying piracy is bad as FUD. Lawsuits also FUD. Etc.

    This article is just some of what I think should be common business sense shining through:
    • Don't force people to buy songs they don't want (by bundling them (aka album-filler) with a few good songs)
    • Give people a cheap way to buy individual tracks (iTunes, etc.)
    • Give people faster/more instant gratification via online sales
    • Put out good talent and not another Spears or Backstreet Boys or mo-thugging-gangster-wannabie
    • $18 for a soundtrack & $16 for the movie is ridiculous considering movies are like twice as long with VIDEO and usually contain something called talent

    Forcing customers to do business on your terms (buy the CD @ the producer-price-fixed $18 or break the law) while simultaneously feeding them no talent hacks (most anyway) is just begging for them to "steal" the few decent songs produced. Maybe I'm just messed in the head in thinking that suing your customers because you (the producer) won't listen to what they (the consumer) want is just FUBAR'ed.

    Note to the entertainment industry: we computer scientists have jumped into the 21st century by getting through the Y2K bug, I suggest you push your business model to the 21st century as well and reap the benefits be earning my money instead of coercing me. iTunes started it, now embrace it.

    PS: I'm not the only one waiting for you to do so.

    --
    :wq
  19. The Streets!?! by payndz · · Score: 4, Funny
    The British Phonographic Industry (BPI) trade body said albums by the likes of Keane and The Streets had helped drive a 3% rise

    I think the mere fact that The Streets sell any copies proves conclusively that the UK music industry is in terminal decline!

    I mean, Christ. Some chav who sounds like a 15-year-old schoolyard weed dealer whining about his girlfriend, who just talks on his record, can get to number one? Kids today! Never thought I'd say this, but bring back National Service!

    --
    You must think in Russian.
    1. Re:The Streets!?! by he-sk · · Score: 2

      I really like The Streets, but I had my first exposure to him at a festival in Germany. He simply rocked the crowd. Awesome concert. So, whenever I hear his music, the good memories of this festival come back.

      --
      Free Manning, jail Obama.
    2. Re:The Streets!?! by Anonymous Coward · · Score: 2, Insightful

      $20 says you have never listened to a full song by The Streets.

  20. "Phonorecord" under law by tepples · · Score: 3, Informative

    To some people, "record" doesn't just mean vinyl with grooves in. I'm not familiar with British copyright terminology, but at least under U.S. copyright law, a "phonorecord" is a medium in which a sound recording is fixed, roughly corresponding to a "copy" of any other work. Examples of various types of phonorecords, or "records" for short, include Columbia 33.3 RPM LP, RCA 45 RPM single, Lear 8-track cartridge, Compact Cassette, Compact Disc Digital Audio, MiniDisc, MP3 CD-R, and any hard drive containing music files.

  21. No suprise.. by locarecords.com · · Score: 4, Insightful
    The major record companies are never going to be in any danger of going out of business due to downloading. And regardless of claims about 'piracy' and 'theft' this clearly demonstrates that much like any other industry they go through cyclical stages. Does this mean they'll hold back from all the big claims of the dangers of the evil pirates? I don't think so.

    Considering how much of the industry has been locked down due to vertical and horizontal integration and oligopolistic market practices it is no suprise that they can sell so much. Just don't believe the lies they tout about how hard their lives are.

    I still think that downloading has exciting possibilities for creativity and a line of flight from traditional music channels - especially through the potential of peer2peer networks and so on. But unfortunately there is a real danger of colonisation from the majors who have deep pockets and sharp lawyers.

    The Internet offer the possibility of difference and a reterritorialisation of music creativity which is at essence a collective (networked) endeavour. If we allow the major's (few and fewer as they are) to close down this space with DRM and monopolisation of the distribution channels then it will be a very sad day for alternative music.

    --
    ---- The Open Source Record Label : : LOCARECORDS.COM
  22. What does this mean? by Anonymous Coward · · Score: 5, Funny

    It looks like music sales will continue to climb if the customers get something they like.

    I understand the first part of your sentence.. but what's a "customer" and why do they have to like the music we sell?

    sincerely,
    record company executive

  23. The Pirates are killing the industry! by Darren+Winsper · · Score: 2, Funny

    Can't you see?! So much great music has come out in the previous year but there's only been a 3% jump in sales! If you people weren't all dirty rotten smelly pirates, sales would be up 10 fold! The artists would be raking it in and thus could afford to produce more albums! Now, because of you dirty pirates, the artists are going to starve despite sales increases and you'll all suffer.

    You people disgust me.

  24. I'm not suprised by the+real+darkskye · · Score: 4, Insightful

    The recent music to come out of the UK hasn't been the usual global tripe.
    Looking pretty and being able to sing won't sell records anymore, posters maybe but not records.

    The fact that bands are back is why sales are up, seeing the guys and gals with the instruments is a good thing, more so when it comes to live performances like V or Glastonbury.

    There is still room in the UK for gimic groups, take GLC for example, it put Aberdare on the map! (if you don't know of GLC (or Goldie Looking Chain ) its like a cross between Eminem, Weird Al and Tom Jones ... White, Welsh comedy rap)

    The future is bright, the future is turned up to Whut-ohh!

    --
    Music is everybody's possession.
    It's only publishers who think that people own it.
    Fuck Beta
    ~John Lenno
  25. Well isn't this surprising? by laughingcoyote · · Score: 3, Interesting

    Has no one noticed that, for the most part, the people who are hardcore downloading music (or movies, or games, or software, or...), and not using it as an "evaluation" to see if they want to purchase a real copy, are generally broke anyway? The IP industries are not "losing" these customers to downloading, if not for downloading, these people would simply be unable to purchase a copy either. Net loss to IP company, therefore, is near 0, if not a net gain through free advertising to people who have the money and are just previewing.

    The premise, to me, that these broke students, if downloads were not available, would begin printing money or something in order to purchase music or other IP seems a bit flawed to me. Somehow, it seems more to me like they would borrow and trade CD's among friends.

    The premise that downloading is theft also seems a bit flawed to me. I have seen this equated as stealing a car off a lot, and this seems a flawed analogy to me, there is not still a copy of the car left on the lot.

    A more appropriate analogy seems to me that a friend of mine needs to use a car at various times. He is not really interested in having a second car, as he would only use it sporadically, but really has no other choice as his wife normally takes their car to work. This is about to make Ford money, until I come along and offer to allow him to borrow my car when he needs to.

    I find it hard to swallow that, in the above scenario, I "stole" from Ford by keeping someone to have to purchase one of their products. I didn't do this by stealing something off a lot, but by sharing something I already have. This, to me, does not indict the sharer for theft, but rather the seller for greed.

    --
    To fight the war on terror, stop being afraid.
    1. Re:Well isn't this surprising? by laughingcoyote · · Score: 2, Insightful

      Complaining about the existence of a post rather than commenting on its content, though, strangely enough does not.

      --
      To fight the war on terror, stop being afraid.
  26. Is Sales The Only Thing That Matters? by Wingie · · Score: 2, Insightful

    Okay, from what I can gather in the article, all they said is that "sales" went up 3% compared to last year. But did they take into account things like the increase in the number of people in the UK? If there were more people who can afford and want music, then obviously more people will buy music. What about the total production of the music industry? No matter how good a band is most people would only buy one copy of any of their given CDs. It feels like of like the industry saying "look we're selling a whole lot more because we rock" while in reality people are only buying the same amount of music as they did last year. Though the singles download thing is actually pretty cool. Maybe companies would realize that unless they pack shiny things and gimmicks into their singles people aren't willing to shell out the price of half a full album for one song--but they will pay a bit more than A/n (where A is cost of an album and n is how many songs they have) for a song that they like.

    1. Re:Is Sales The Only Thing That Matters? by wild_berry · · Score: 2, Informative

      Office of National Staistics says that population has grown 0.4% per year since mid-2001. So the record industry is above the curve.

      My subjective response to the music industry is that the output in the previous year has improved greatly, such that I'm far more likely to buy a few CD's.

  27. Title confused me too, differently... by theluckyleper · · Score: 4, Informative

    I read it as "UK Music Industry Sees Record(=ALBUM) Sales".

    I was like... so... the music industry sold some records? AMAZING!

    --
    Visit the Game Programming Wiki!
  28. UK Music Industry Admits to Record Sales by bugi · · Score: 4, Funny

    A better headline would have been "UK Music Industry Admits to Record Sales".

  29. Related News by AmberBlackCat · · Score: 4, Funny
    Porn Industry Sues File Swappers

    Anonymous sources indicate that the Porn Industry Association of America (PIAA) intends to file suit against up to 20,000 illegal file swappers, with the British Porn Consortium to follow suit in the coming months. The new wave of peer-to-peer file-sharing networks has allowed pornographic material to be shared easily, causing dramatic decreases in pornography sales. The biggest sources of illegal file sharing appear to be college campuses, insecure wireless networks, and people's basements.

    Also indicated, C-Net affiliate porn.com.com reports that in order to fend off the consumer backlash, the PIAA has enlisted the help of the celebrities it represents to endorse the legal purchase of pornographic material. In the coming months, superstars Pamela Anderson and Lil' Kim will deliver spots informing consumers of how stealing pornography deprives artists of the income they deserve. Furthermore, filmographer Rick Solomon will deliver spots on how the decrease in revenue stifles his innovation.

    Suggested alternatives to illegal porn swapping include the new Apple-supported service iPorn, RealNetworks' secure RealPorn protocol, and Microsoft's Porn Media 9 format featuring 5.1 audio.

    1. Re:Related News by chochos · · Score: 3, Funny

      5.1 audio? Well, I won't be buying any of that. When I watch porn, I don't want to hear ANYTHING behind me!

  30. Vangelis is singular by poptones · · Score: 2, Informative

    It's not a "they" it's a "him." Vangelis O Papathanassiou - I think you can see why he just uses "Vangelis."

    Anyone who wants to collect his 'entire' back catalog has their work cut out.

    Personally, I love Blade Runner but I think his music sounds too much of the same. If Yanni hadn't happened years later it probably woldn't bother me, but now every time I hear it all I think of is hackneyed cliches like the beach running scene in "Chariots of Fire" or Yanni on stage "jamming" with that soulless "na-na-na-na-na" song.

    If you like Vangelis you need to hit Magnatune. They have a lot of electronic artists, many of whom I find much more interesting than Vangelis. Also check out Tangerine Dream (who I also find more interesting than Vangelis).

    And of course you must get his collaboration with Yes-man Jon Anderson - not to mention Wakeman's solo stuff - which then leads us to Yes's catalog, Jethro Tull...

  31. In Canada, too by djmurdoch · · Score: 2, Informative

    I don't know if Canada has had record sales, but they are up over last year according to stats published by the Canadian record industry association. Sales up 7% year to date, profits up 1%.

    1. Re:In Canada, too by afxgrin · · Score: 2, Insightful

      And they were just crying a few days ago on TV about how they were losing all this money to piracy...

      CRIA can fuck themselves. Especially since I don't download any of their shitty Canadian pop crap anyway.

  32. Watch This Online... by Aqua+OS+X · · Score: 2, Informative

    I think Frontline did a fairly good job of explaining why the US music industry is not making money.

    (60 min: Real Player & Windows Media)
    http://www.pbs.org/wgbh/pages/frontline/sh ows/musi c/view/

    P2P may be a problem, but is not the primary reason for decreased earnings.

    Personally, I think this has a lot to do with new music. The introduction and promotion of new genres usually gives the industry a boost. Unfortunately, corporate ownership and quarterly profits have forced many labels to avoid risky long term investments for unproven music. They opt for safe manufactured pop and wonder why sales are diminishing.

    But, anyway, watch the Frontline piece, it's good stuff.

    --
    "Things are more moderner than before- bigger, and yet smaller- it's computers-- San Dimas High School football RULES!"
  33. Fragmented and Diverse by rinkjustice · · Score: 2, Insightful

    Despite the claims of gloom and doom from the BPI (the UK equivalent of the RIAA) the BBC is reporting that 'UK record companies are celebrating their best ever year for album sales

    What the recording industry hates is the fact record sales are so fragmented. Sure, more albums are being sold than ever, but it's from a wildly diverse range of artists. With consumers now able to download and listen/sample the music before buying, these monolithic labels are finding it more difficult to manufacture pop artists that can sell 10 million copies. Now they sell half a mill of one artist and 25,000 of another artist... it's more work. The consumer isn't manipulated and decieved as easy.

    Why do you think Britney Spears isn't rushing out with a new album? Because sales will be bitterly disapointing. Calculated successes of mindless garbage ala Ricky Martin is less likely now that the consumer has p2p.