Losing money? How's this for loss: "About 250 executives from Hollywood studios and home-electronics companies gathered at the Bellagio in Las Vegas earlier this year to toast their soaring fortunes, thanks to the phenomenal success of the digital video disc. Major studios sold a stunning $9.4 billion worth of DVDs to retailers last year, proof that DVDs now bring in a majority--52 percent in 2003--of Hollywood's revenue." (Newsweek July 5, 04)
So isn't THAT a hoot. These are same maroons who fought videotape under the premise that it would RUIN Hollywood (sorry, there are more than enough folks making crappy movies to do that already). But VHS opened up a multibillion dollar business expansion for them. DVD only speeds up their revenue machine. And now they're fighting DVD tooth & nail (i.e. buried 321 Studios, r.i.p., etc.) and continue to beat on every other possible means of DVD fair use.
And just like any other industry, the companies that make the best business decisions should prosper. If a record company spends too much money signing hundreds of crappy bands that nobody want to hear, they should fail.
If more industries operated with the amounts of failures that record companies and movie studios constantly produce, the world economy would suck.
You're not alone, I buy also buy CD's. However it makes me the happiest when I can buy directly from an artist owned and operated website. They Might Be Giants have started their own artist-to-listener store at www.theymightbegiants.com
Their site points out the obvious "it skips the middle man". I'm glad not to support some swaggering no talent record company dork who has no benefit to the artistic process, except for being and Executive VP of High CD Price Justification, and screwing the artist.
I wish there was a way to directly pay the songwriters on a shareware-type basis. Sort of a "hey, I had Napster'ed a few of your songs and really liked them alot. Here's $10, keep up the great work."
This must have been a fine roomful of folks in control: "About 250 executives from Hollywood studios and home-electronics companies gathered at the Bellagio in Las Vegas earlier this year to toast their soaring fortunes, thanks to the phenomenal success of the digital video disc. Major studios sold a stunning $9.4 billion worth of DVDs to retailers last year, proof that DVDs now bring in a majority--52 percent in 2003--of Hollywood's revenue." (Newsweek July 5, 04)
So isn't THAT a hoot. These are same maroons who fought videotape under the premise that it would RUIN Hollywood (sorry, there are more than enough folks making crappy movies to do that already). But VHS opened up a multibillion dollar business expansion for them. And now they fight DVD tooth & nail (i.e. buried 321 Studios, r.i.p., etc.) and continue to beat on every other possible means of DVD fair use.
So they are basically in a position to print money. But in spite of that they are too incompetent to actually run very profitable companies. Keep in mind that many studios have fiscal issues and none of them are really phenominally profitable. So that must mean they must "somehow" "lose" cash. Hmmm, I wonder where.
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Accountants try to write us d-d-down,
Just because royalties can still be found
Copyrights keep us sustained,
I hope we die before we go public domain
Losing money? How's this for loss: "About 250 executives from Hollywood studios and home-electronics companies gathered at the Bellagio in Las Vegas earlier this year to toast their soaring fortunes, thanks to the phenomenal success of the digital video disc. Major studios sold a stunning $9.4 billion worth of DVDs to retailers last year, proof that DVDs now bring in a majority--52 percent in 2003--of Hollywood's revenue." (Newsweek July 5, 04)
So isn't THAT a hoot. These are same maroons who fought videotape under the premise that it would RUIN Hollywood (sorry, there are more than enough folks making crappy movies to do that already). But VHS opened up a multibillion dollar business expansion for them. DVD only speeds up their revenue machine. And now they're fighting DVD tooth & nail (i.e. buried 321 Studios, r.i.p., etc.) and continue to beat on every other possible means of DVD fair use.
All your lost bomb are belong to Captain Nemo.
They could save lots of cash if they drew the eyes smaller. Eyes the size of cantalopes must use up a lot of ink.
And just like any other industry, the companies that make the best business decisions should prosper. If a record company spends too much money signing hundreds of crappy bands that nobody want to hear, they should fail.
If more industries operated with the amounts of failures that record companies and movie studios constantly produce, the world economy would suck.
You're not alone, I buy also buy CD's. However it makes me the happiest when I can buy directly from an artist owned and operated website. They Might Be Giants have started their own artist-to-listener store at www.theymightbegiants.com
Their site points out the obvious "it skips the middle man". I'm glad not to support some swaggering no talent record company dork who has no benefit to the artistic process, except for being and Executive VP of High CD Price Justification, and screwing the artist.
I wish there was a way to directly pay the songwriters on a shareware-type basis. Sort of a "hey, I had Napster'ed a few of your songs and really liked them alot. Here's $10, keep up the great work."
This must have been a fine roomful of folks in control: "About 250 executives from Hollywood studios and home-electronics companies gathered at the Bellagio in Las Vegas earlier this year to toast their soaring fortunes, thanks to the phenomenal success of the digital video disc. Major studios sold a stunning $9.4 billion worth of DVDs to retailers last year, proof that DVDs now bring in a majority--52 percent in 2003--of Hollywood's revenue." (Newsweek July 5, 04)
So isn't THAT a hoot. These are same maroons who fought videotape under the premise that it would RUIN Hollywood (sorry, there are more than enough folks making crappy movies to do that already). But VHS opened up a multibillion dollar business expansion for them. And now they fight DVD tooth & nail (i.e. buried 321 Studios, r.i.p., etc.) and continue to beat on every other possible means of DVD fair use.
So they are basically in a position to print money. But in spite of that they are too incompetent to actually run very profitable companies. Keep in mind that many studios have fiscal issues and none of them are really phenominally profitable. So that must mean they must "somehow" "lose" cash. Hmmm, I wonder where.