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

[legoburner]

Dont you see, this is all thanks to the extended copyright terms! Now that copyright stretches so far into the future, artists are happy to make more material independently, safe in the knowledge that their intellectual property is protected for years to come. Imagine how much better things would be with even longer, more protective and aggressive copyright terms! Cant you just see this movement being spun that way a few years from now?