Monday, December 31, 2007
How brainless is the music industry?This has to be one of more dramatic instances of self-destructive bad business thinking of the year, rivaling even the subprime lending mess in just plain bad judgment, Download Uproar: Record Industry Goes After Personal Use by Marc Fisher Washington Post 12/30/07:Now, in an unusual case in which an Arizona recipient of an RIAA letter has fought back in court rather than write a check to avoid hefty legal fees, the industry is taking its argument against music sharing one step further: In legal documents in its federal case against Jeffrey Howell, a Scottsdale, Ariz., man who kept a collection of about 2,000 music recordings on his personal computer, the industry maintains that it is illegal for someone who has legally purchased a CD to transfer that music into his computer.If they keep on with this kind of Luddite nonsense, the recording giants are likely to wind up facing stiff competition digital-only recording companies that aren't technology-phobic and actively seek out ways to make money using the digital technology. Man, talk about "rearranging the deck chairs on the Titanic"! Tags: music industry | +Save/Share | | |
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