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IT industry warned over wasted money







IT industry warned over wasted money

IT industry warned over wasted money 07/26/2004 09:07 AM

UK biz not happy




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IT industry warned over wasted money

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09/04/2004 07:27 PM

Apparently BMI is pretty proud that they have been paying record royalties to their artist. This is at the same time that the RIAA and others are complaining that P2P is costing them Billions. Bunch of hypocrites [Techdirt]

Even more amazing links and contradictions. [Arstechnic a]


Musicians Making Lots Of Money, Money,
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Money...
09/03/2004 02:40 PM
Jeremiah writes "Amidst the public ballyhoo about how rampant P2P piracy is costing the music business its very life (gasp! NO!), BMI announced it collected a record level of revenue and royalty payout to its artist members. From their press release: "BMI has reported revenues of $673 million for the 2004 fiscal year, an increase of nearly $43 million, 6.8% over the prior year. Royalties of more than $573 million were distributed to our songwriters, composers and music publishers, an increase of $40 million or 7.5% from the previous year, and the most ever paid by an American PRO." Another interesting tidbit: "During the period 1995-2004, BMI had an average annual revenue growth rate of 9%..." If I read this right, BMI has been reporting solid growth over the last nine years, which makes me question the industry's claims about P2P. Either P2P ate into their growth (not mentioned), they found a way to cope with it (plausible), or it may actually help music sales. Whatever. Reminds me a bit of a spec I did for a life-insurance company's radio ad: Money , Money, Money (mp3 file)."

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Computer industry to entertainment
industry: we lied (right on!)


Computer industry to entertainment
industry: we lied (right on!)
09/22/2004 02:18 AM
Cory Doctorow: This amazing open letter to the entertainment industry, signed by the computer industry, is a nigh-perfect expression of what constitutes a successful approach to Internet technology. And it made me laugh my ass off.
We lied to you. In the golden 80s and 90s we told you micropayments and content protection would work; that you would be able to charge minuscule amounts of money whenever someone listened to your music or watched your movie. We told you untruths which we well knew would never work - after all, we would've never used them ourselves. Instead, we wrote things like Kazaa and Gnutella, and all other evil P2P applications to get the stuff free.

We told you these things so that you would finance the things we really wanted to build, not the things that you wanted to be built. We knew all along that DRM schemes do not work, and we knew that whatever we create can be broken by us. We don't care anymore, because your money made us bigger than you.

Look at us: every year, we churn out more computer games than your entire industry is worth. You know how we do it? We like our customers. We don't treat them like potential criminals, and try to make our products do less. We invent new things like online role-playing -games, where the money does not come from duplication of bits (which cannot be stopped, regardless of your DRM scheme) but from providing experiences that the people want.

We saw that you were old and weak. So we took advantage of it: told you things that you wanted to hear so we could kick you in the head in twenty years. Some of us told you that the future is going to be interactive - what did you do? You started to think how to make interactive movies (CD-I, anyone?), which is not what it really means, while we wrote games and tried to understand the new mediums, not how to bolt it on onto old things.

We lied to you. And we apologize for that, but it was for the greater good. So we're not the least bit sorry.

Signed: The Computer Industry

Link (via Blackbeltjones)

Internet and Changes in Media and
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06/07/2004 02:37 AM
Printing industry shipments declined by -$342 million in April, when compared to April 2003. Shipments are down -2.9% for the first four months of the year. Alternatives such as new media, the Internet, event marketing and promotions have negatively affected industry volume. A free PDF copy of the table of contents and first chapter of Dr. Webb’s “Renewing the Print Industry” report is available. [PRWEB Jun 7, 2004]

Longmont Area Economic Council Releases
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Weld Counties
07/13/2004 03:18 AM
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Polling junkies be warned


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Labels warned over ringtones


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IT industry warned over wasted money

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