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Piracy Movies Music

More Evidence That Piracy Can Increase Sales 196

Posted by Soulskill
from the arrr-me-hearties dept.
Socguy writes "The London School of Economics has published a new study (PDF) which shows that the claims about digital downloading killing music and movies are overblown. In fact, there is new evidence to indicate that it actually generates more income in certain cases. 'While it acknowledges that sales have stagnated in recent years, the report points out that the overall revenue of the music industry in 2011 was almost $60 billion US, and in 2012, worldwide sales of recorded music increased for the first time since 1999, with 34 per cent of revenues for that year coming from digital channels such as streaming and downloads. "The music industry may be stagnating, but the drastic decline in revenues warned of by the lobby associations of record labels is not in evidence," the report says. ... The growing use of streaming, cloud computing, so-called digital lockers that facilitate the sharing of content and sites that offer a mix of free and paid methods of getting content will, the study predicts, spur the entertainment industries to shift their focus from pursuing illegal downloading to creating more legal avenues for getting content online.'"
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More Evidence That Piracy Can Increase Sales

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  • by dryriver (1010635) on Friday October 04, 2013 @10:28AM (#45035473)
    ... which means that they can provide the "straight dope" on piracy, without trying to please rightwing conservatives who constantly scream that "piracy is theft". This report tells us what many of us already knew/suspected. Still, kudos to the LSE for making the effort! +1
  • by jedidiah (1196) on Friday October 04, 2013 @11:38AM (#45036329) Homepage

    Legality has nothing to do with morality.

    Rape is a violent sex crime. Copying something is not.

    If you are trying to morally equate those two then you are a sociopath and a jackass.

  • by Charliemopps (1157495) on Friday October 04, 2013 @11:53AM (#45036487)

    Total bullshit. Having been a musician for decades and having dealt with music label reps... you get ripped off, at ALL levels. The labels throw you scraps to keep you on the hook but they're taking all the real money. It's only when musicians have the financial savvy and balls to start their own label that they start making any money. But then they drop off the map because the big name labels control what gets on the radio and MTV. The Metal Screen is a great example. Metal is doing great, with almost no radio play at all. You don't see them anywhere and Music awards are given to shit bands like Metallica every year while the real interesting stuff is being recorded in sophisticated home studios and released on Japanese, eastern Europe or even self owned labels. They're touring, making money, doing well... but you'll never hear a damned thing about it because the labels don't want them to steal market share.

    You've got bands like Symphony X, Opeth, even Iron Maiden filling soccer stadiums, yet you never hear about it. Iron Maidens last album in 2012 sold more copies than all of their other albums combined, yet you hear nothing about it.

    This isn't just happening in metal either, it's every genre. There's been an explosion in music in the past 10 years. The labels don't like it because it's fracturing the industry. They want maybe 5 kinds of music so it's easy to control. What it's turning into is art... and they don't like that.

  • by AlphaWoIf_HK (3042365) on Friday October 04, 2013 @12:22PM (#45036809)

    They deserve fair compensation for that work

    They do not "deserve" anything. If they cannot find a viable business model, I do not for a moment believe we should pretend they are entitled to government-enforced monopolies over ideas. It is on them and no one else to find out how to profit from their work.

"If you lived today as if it were your last, you'd buy up a box of rockets and fire them all off, wouldn't you?" -- Garrison Keillor