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Viral Music Videos A Problem For RIAA
prostoalex writes "A few years ago music videos were considered promotional, a tease to get the viewer to buy the whole album. However, now that a commercial market for music videos is springing up, the music industry is not quite happy with YouTube, iFilm, Google Video and other video sharing sites distributing the music videos of famous artists. Billboard magazine says: 'The RIAA estimates that sales of music videos topped $3.7 million in three months, after being introduced in October. Meanwhile, the major labels also are sharing in the profits of ad-supported video-on-demand offerings from AOL, Yahoo, Music Choice and others. That is revenue the music industry is keenly interested in protecting. Hopes are that YouTube and others will ink similar deals with the industry in the long run.'"
No one gives a fuck that you think you should get paid for the "right" to help you advertise. Your attempts to charge for the flow of information have failed horibly in every aspect. Maybe if you would stop making shitty, cut and publish content and allow your customers some of the most basic rights, you would get more respect from mankind. However, you continue to attempt to make pathetic laws and bombard the public with blatant lies and slander wherever appliable, and thus no one cares that you can't buy yourselves another $200,000 stretch and a nice new diamond ring for your wife while African children starve to death.
Signed,
The World.
The music industry doesn't seem to know how to make money anymore.
Just take the Numa Numa video on the internet from a year ago. This is a potential hit song made popular in the US from the "Numa Numa" video at http://www.newgrounds.com/portal/view/206373 that went nowhere on the buying charts due to pure stupidity of the recording industry. If you liked this song, you couldn't buy it.
iTunes only added it to their collection well after the interest in it subsided (and I bought it then). Sure it was in Romanian, but that really wasn't a big deal--just look at the success of 99 Luftballooons from 20 years ago.
The record industry is over-focused on piracy from folks who would never buy their music anyway. The positive word-of-mouth of a good song more than outweighs any piracy of a good song. And the greedy executives don't realize they'll make more money when teenagers grow up and *buy* music from nostalgia then they'll ever get from the same people when they are teenagers. But if the greedy recording companies force teenagers to get their music through piracy because they have no alternative, then those customers may be gone for good.
I'm old enough to know what I want in music, and as best as I can tell, the recording industry doesn't want to sell it to me at any price. They want to sell me their crap instead.