Quote:
Originally Posted by Rochard
But they did put it up fourteen years ago. I was buying music through Rhapsody for my MP3 player in 2000. I remember it so clearly because I bought my mp3 player shortly before my daughter was born.
But this is my point. I'm not buying my music through RCA or any of the record labels. The record labels had a once in a life time opportunity to completely bypass the distribution network - i.e. record stores - and could be selling their product directly to the consumers. They blew it, and continue to sell their music through others such as iTunes who get profits for being the middle man.
The movie industry is the same. Instead of selling it's movies directly to the consumers, they'll sell it through other companies who get a cut.
Bullshit. Movie sales peaked in 2002, 12 years ago.
And I'm not talking about when movies hits the theatres - I'm talking about afterwards. I can buy the DVD at Target, but then Target gets a cut, or I could sign up to Netflix and watch it there. But the movie companies do not have a place where I can buy / rent / lease movies. I'm buying from everyone except the movie companies.
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You should check out a movie on Netflix called Downloaded. It is a documentary about the rise and fall of Napster. On its own it is a very good movie. There is a very interesting segment towards the end where both sides (Napster and the record industry) are blaming each other for their issues. Napster said they went to the record industry in an effort to set up some kind of a pay system and the record industry said it never really happened. Then they talk about the emergence of iTunes and how the industry jumped on it because, unlike Napster, it charged for music and gave them a chance to get paid for downloads. That jump was a huge sea change in the industry because right then the music industry went from being an industry based on selling full albums to being an industry based on selling singles.