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User: Herkum01

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Comments · 1,173

  1. Pay for what? on Free News Unsustainable, Says Warren Buffett · · Score: 1

    When the quality of newspapers has been going down, and the shear quantity of news is going up, I fail to see how newspapers are going to be able to compete.

    Compare a guy who is willing to post news to his blog and get the generated ad-revenue to a newspaper, who has a reporter, editor and all the other associated overhead of a newspaper I would say no contest.

    If newspapers did good reporting, they may have a shot, but right now I don't see that happening.

  2. This Part on New Music Boss, Worse Than Old Music Boss · · Score: 4, Interesting

    It took a while to find anything solid but these I considered informative,

    Under the new digital model I calculate that most label artists get between 15%- 35% of wholesale. For example the most recent of my recording contracts says I should get a total of 20.5 cents on a 99 cent song (including mechanical royalties). This works out to 29.7% of wholesale. So this part of the new digital paradigm is about the same as the old record label system.

    So when you compare share of revenue for artists on record labels under the new digital system to the old system it looks pretty good. At least until you consider the fact that the price of music has dropped. For instance, an artists royalty on an album is now calculated at 6.90 not at a $10.00 wholesale price as it was in the 1980s. . This drop in the price of music was inevitable. But the record labelâ(TM)s expenses fell considerably in the switch from physical to digital products whereas the artistâ(TM)s expenses (the recording budgets) did not. So this had the effect of reducing artists net revenues and shifting revenue towards the record labels. For the new digital distribution model to be as âoefairâ to the artist, the artist share of download revenue should have increased. It stayed the same or increased only marginally.

    and

    And then there is that iTunes store 30%. Seems kind of high to me. What is their risk? Today in 2012? Do they really deserve more per album than the artist? At least the record labels put up capital to record albums. At least the record labels provide the artist with valuable promotion and publicity. Historically in the music business when someone was taking more than 20% of gross revenues that had some âoeskin in the gameâ. They risked losing a lot of money.

    This does show a problem with the economic system that the industry has set up. Consumers ran screaming from one oligopoly to another. Is it this really surprising that artists are still taking the brunt of it when you are still dealing with the same businesses?

  3. Re:Public Domain - RTFA on Protecting State Secrets Through Copyright · · Score: 1

    It seems to me that lawyers are in the business of using any excuse is used to justify their positions. I would not put much weight on the fact that it is a legal journal any more than I put on a "cold fusion" article in a science journal.

  4. Re: on Overheated Voting Machine Cast Its Own Votes · · Score: 1

    And the notion that people can't count... quickly, and accurately

    Good god man! Have you seen what they have been doing on Wall Street the last decade! I can assure you, math has not been a strong point for the US lately.

  5. Re:What could possibly go wrong? on Planetary Resources Confirms Plan To Mine Asteroids · · Score: 1

    Sieg Zeon!

    Or are we only allowed to infer crappy American action movies?

  6. Re:Not just florida... on Florida Thinks Their Students Are Too Stupid To Know the Right Answers · · Score: 1

    Why stop at the teachers? Are administrators helpless dolts trapped in their offices by the teacher's union?

    You know, there is management in schools, however, it is much easier to ALWAYS blame the teacher. If we were talking about IT here, we have endless stories of managers screwing up large projects and budgets, why should school administrators be left off the hook?

  7. Re:If It Is Fact ... on Ex-NASA Employees Accuse Agency of 'Extreme Position' On Climate Change · · Score: 1

    Since it contains no facts, the only it can be is an opinion. Unfortunately, this seems to be the first line of defense for a large number of people. Once we started electing leaders, in mass, who only care about opinions; you know this country will be on a down slide.

  8. Re:Let me see if I get this straight on US Puts Tariff On Chinese Solar Panels · · Score: 1

    Just because the Chinese government subsidizes their "solar panels" does not mean that the US has to as well(AKA no tarriffs).

  9. Re:What statistics on Google's Rules of Acquisition · · Score: 1

    You are very wrong that "nobody" is a good position to judge this. We have public companies filing documents with the SEC all the time, we have an effective hsitory of at l00 years worth of data. It is not like these people are stupid, there is a lot of information to work with, but you really have to make an effort to gather it together. There are very good business professors who know what they are doing and how they are doing it.

    t seldom as simple as adding the net worth of two companies separately and then comparing that to the value after the merger.

    I disagree, sometimes IT IS as simple as that. Give a great example, AOL purchasing Time-Warner. If that is not an obvious failure, I have a bridge to sell you.

  10. Re:Terrible, terrible summary on Damaged US Passport Chip Strands Travelers · · Score: 2

    I disagree, the airline decided it could act like a government agency and validate a passport. A passport is a government document to used BY "THE GOVERNMENT"! When a airline decides it does not like your Drivers License, or SS card or your passport, well that is really outside the realm of business.

  11. Re:Thoughts from someone who lives in China on Apple-Approved Fair Labor Inspections Begin At Foxconn · · Score: 1

    Just because "they are better off than before" does not mean we should settle for less than "where it should be".

  12. Re:Not a mutation on Chinese Boy Claims To Have Cat-Like Night Vision · · Score: 1

    And had to kill a few people...

  13. Re:Regulations... on Credit Suisse Traders Manipulated IT Systems To Hide $500m Losses · · Score: 1

    Sometimes, when I look at what are current system is, I think Hammurabi was onto something...

  14. Never is about right on Stanford Online Courses Delayed; More Time To Sign Up · · Score: 2

    Universities are big business with long-term faculty and administrative staff being a large expense. It would be foolish to believe that they are going to allow online courses to replace their cash cow(campus students).

  15. Re:Too late? on CEOs of RIM Step Down · · Score: 1

    3%, which is kinda high for the MS stock, is barely above inflation. It is better than a 5 year CD, (at least for now), but banks are not going to pay anything for borrowing money right now. That can easily change however.

    The companies that have MS stock are looking for a safe return. 3% is good for an investment fund because they may have, $3,000 in assets and they borrow $30,000 to purchase more stock. So they get 33% return on their $3,000 assets. They can get away with this because MS is safe and they are not worried about the stock tanking to 20 or 10.

  16. Re:Too late? on CEOs of RIM Step Down · · Score: 4, Informative

    I don't understand your definition of "enormous amount of money in dividends". Their last dividend of was 20 cents/share or projecting forward 80 cents a year.

    Their stock price has been around 25 to 30 dollars a share, to be generous lets call it $25 (for comparing the payout).

    $0.80 / $25 = is a 3.2% return on the dividends, that is with the highest payout in 2011 and the lowest stock price. I would not be looking at Microsoft as a blue-chip stock in anyway or form.

  17. Re:This is why we don't need regulation on DOJ Investigates Google, Apple, and Others For 'No Poaching' Agreement · · Score: 2, Insightful

    Your kidding me right? That is what the Republican Party has been screaming about the last 4 years. They want NO regulation on anything!

    • EPA, gone.
    • Minimum wage, get rid of it.
    • Oversight for Banking, no!

    Those are just a few examples off the top of my head, I am sure that there are more. Take Ron Paul; he is in favor of getting rid of a few government agencies just for the sake of getting rid of something.

    Lets not pretend that everyone is a reasonable human being.

  18. Re:So? on The Headaches of Cross-Platform Mobile Development · · Score: 1

    ... and standards do not define success only consistency!

  19. Better Measurement of Success on Do Data Center Audits Mean Anything? · · Score: 2

    The problem is that they are trying to get certifications when what they really need are Achievements! Just ask Microsoft, it worked for the XBOX, they are throwing it into Visual Studio, it will work for data centers.

    Include a Facebook Like button and a Twitter link and your done!

  20. Re:"Donations" to Charities on Data Exposed In Stratfor Compromise Analyzed · · Score: 3, Insightful

    I highly doubt that Charities are getting charged chargeback fees for something that they did not do themselves and you made up the amount of 250,000 because there is no way the banks would be able to justify the fees for a quarter of the total amount.

  21. Re:I strongly disagree! on America's Turn From Science, a Danger For Democracy · · Score: 2

    *BLAH* *BLAH* Liberal, is the boogey man of all radical conservatives. It can be used to just any decision in an argument regardless of which side they start. The fact of the matter, they do not exists, yet they are there to scare people so they can win an argument without logic or reason.

    I should be able to do whatever I want, but *BLAH* *BLAH* liberals want to government to regulate society.

    The *BLAH* *BLAH* liberals want to legalize gay marriage which is affront against god and we need to make laws to prevent that!

    See, the boogey man for winning an argument.

  22. Re:Woah on Judge Dismisses Twitter Stalking Case · · Score: 1

    What makes you think this is not already happening?

  23. Re:Tuition math lesson on Oracle Sued For 'Extortion, Lies' By Montclair State University · · Score: 1

    I had about $3K a semester (tuition and books) at Virginia Commonwealth University(VCU) in 2005. I am not sure if that is true now, but that it is a far cry from $15K a year.

  24. Not a Person on Time's Person of the Year Is "The Protester" · · Score: 3, Interesting

    Maybe the important thing is that a idea is the driver for change, no just an individual.

    It is much harder for the daily news media to sell an idea than it is sell an individual being the center of everything.

  25. Re:Now if only ... on In Favor of Homegrown IT Solutions · · Score: 3, Insightful

    Hell sometimes you have to educate the vendor's minion's on what their product is supposed to do!