- Apr 24, 2006
- 606
- 5
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Just throwing this out there to think about...
I'm sure everyone is versed in the economic principle of supply and demand.
CD sales are declining. Record stores are closing. The downward trend is steady, just as the trend of music downloading is up nearly 200% (according to RIAA).
While past music devices gave way to new ones (8tracks, records, tapes, CD's, etc...)...the industry still made money, so they could still sign, and produce music.
Now, so many people are stealing music, that it will soon be impossible for record companies to make profits. When profits become less than benefits, the industry will fold.
When that happens...none of the music people are getting for free will be available at all. Why should bands work so had to produce quality music when they aren't rewarded?
Demand will be insane. According to the supply and demand principle - prices for quality music will skyrocket...
Just a random thought for people who are into stealing music.
Scott
I'm sure everyone is versed in the economic principle of supply and demand.
CD sales are declining. Record stores are closing. The downward trend is steady, just as the trend of music downloading is up nearly 200% (according to RIAA).
While past music devices gave way to new ones (8tracks, records, tapes, CD's, etc...)...the industry still made money, so they could still sign, and produce music.
Now, so many people are stealing music, that it will soon be impossible for record companies to make profits. When profits become less than benefits, the industry will fold.
When that happens...none of the music people are getting for free will be available at all. Why should bands work so had to produce quality music when they aren't rewarded?
Demand will be insane. According to the supply and demand principle - prices for quality music will skyrocket...
Just a random thought for people who are into stealing music.
Scott