Quote:
Originally Posted by queentess
The music industry hit their peak, and now they're in decline.
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Independent music is thriving because there are no barriers left between bands and listeners.
And I don't know about anywhere else, but in the UK traditional music industry profits rose nearly 5% in 2010 over the previous year. Even in America it is still generating a respectable profit.
It seems to be part of American corporation culture to expect profits to continually rise year on year, even in a global recession. So if profits "only" remain stable at $200million people will start to say the industry is doomed and it's all because of piracy.
That's just silly.
http://www.besttechie.net/2008/04/14...-at-the-facts/