Quote:
Originally Posted by dmaul1114
He said P2P, which to me is torrents and and P2P clients like Limewire etc.
Selling directly to fans isn't P2P. It's business as usual, other than cutting out the middlemen--labels. It's still someone making a product and selling it to consumers, not peers giving it to peers.
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Many smaller bands would love the exposure that P2P would give them in order to increase their concert ticket sales, etc. I don't think the RIAA is worried about a big name artist leaving them for P2P, but they're worried that new artists or indie labels will figure out that they don't need to sign a contract with a big time label in order to "make it big" anymore. The biggest enemy of a small band isn't losing CD revenue, it's obscurity.
The big labels have a strangle hold on the distribution/promotion chain, and they desperately want to keep it. That's why bands are forced to go to them if they want a shot at becoming successfull. That's the competition that P2P provides, not as a revenue generator.