Investors, "Beware" of Record Companies

NewYorkCountryLawyer writes "The Motley Fool investment Web site warns investors to beware of 'Sony, BMG, Warner Music Group, Vivendi Universal, and EMI.' In an article entitled 'We're All Thieves to the RIAA,' a Motley Fool columnist, referring to the RIAA's pronouncement in early December in Atlantic v. Howell, that the copies which Mr. Howell had ripped from his CDs to MP3s in a shared files folder on his computer were 'unauthorized,' writer Alyce Lomax said 'a good sign of a dying industry that investors might want to avoid is when it would rather litigate than innovate, signaling a potential destroyer of value.'"

Comments

Re:The vicious last bites of a wounded animal

[Billosaur]

Perhaps, but adaptation would have given them the chance to remain relevant, as opposed to going on the offensive and driving customers away.

Re:so, what would Fool say about our Friend

[dezert_fox]

MSFT does pay a dividend, $0.11/qtr. http://finance.google.com/finance?q=NASDAQ%3AMSFT