Posted by "The Swingset Scene" at user114.net767.nc.sprint-hsd.net on October 09, 2003 at 12:20:19:
In Reply to: Both. posted by Championship_Vinyl on October 09, 2003 at 11:38:39:
: First and foremost, you're purchasing a single copyright for personal, individual use of the music contained in that recording.
-So it is ok to make personal copies then, right? Because that isn't what the record industry thinks.
: You're also buying the materials used in producing the CD. The physical material, as well as a recoupment of losses the company sustained in producing that CD... artist, studio and marketing costs.
-Right. And, the internet/filesharing is a MUCH more efficient way of doing business. So, rather than switch their antiquated distribution model, they are keep it the way it is, so that that don't lose their control of scarcity. Which, is the issue at hand, economically speaking. They set the price based on what they want, not what it is worth, and so the consumers lose. Period.
: You're also buying goods and services by turning a profit for the company and artists responsible for the record, in return for buying said CD.
-Right, and supporting their old fashioned distrubution model unnecessarily.
: And that profit is wy filesharing is killing the industry.
-Really? No way. Is it killing the leaches that have held artists under thumb forever and treated them like whores? Yep, and I am glad.