pounce said:
it's also clear that not many people here have any understanding of the economics of the industry
I've read your posts here with some interest, it's actually good, in the scheme of things, to have a counterpoint, or at least in your case, a counter view for people to read in this forum. So thank you. Seriously.
However I feel you're quite misguided, if you work for the record companies you are under some delusions to how they operate, towing the company line counter to logic, feeding the talking points but distilling them in your own unique way, or something else.
I was in a band in the late 80s, I'm still a musician but it's not my career, I know other musicians. You sir, you are definitely not a struggling musician and/or you're on record company payroll, that would explain your position. That is, people who are fed up, from musicians who are ruined in some cases by the labels to the consumer who, quite frankly I'm amazed by your impression that a CD should really cost $20, are incensed, and that you don't see this is just, wow... really.
My story isn't unusual, record company says "you guys are great!" signs you to a deal that even Satan would be green with envy in how much of the soul they own, record company then backs out of their end, you're stuck with legal ramifications, careers ruined. And your take would probably a smug "that's business." Um, no, that's corruption, that's evil, and that's how the lables now operate, if you're a musician, or an artist (take that saying for what you will) for many they're the gatekeeper, and they stiffle creativity, they champion mediocrity, they're the example of capitalism and oligopolies gone horribly, horribly wrong.
I think of bands/artists like the Goo Goo Dolls who sell four million records but owe the label half a million, the label cites "we'll we helped promote you" BULL****!!! And you're full of something when you talk about the cost of promotion as labels put that money only into the big acts, ironically the ones WITHOUT talent, disposable artists. They're the ones I guess you expect us, the consumer, to pay for. Huh? Aimee Mann perhaps did it right to start her own label, of course she didn't have any distributorship. That's the problem with many an artist who gets sick of the BS contracts of the labels face, getting their CD out there. The labels are like the mafia, you pay them "protection" money (though really that's BMI, who are as soulless as the RIAA) they go nothing for this.
I could list dozens of examples of record companies screwing over artists, it's probably in the 98% category, the 2% saved for the REMs of the world (who they too, early on, got hosed) or large, vacuous, wastes of audio bands out there that you wont know of tomorrow. And this makes sense? No, it doesn't. Well it does if you work for the record labels, but it's a b**** if you are anyone outside of it.
Good read is Commodify Your Dissent (book, available on Amazon) about exactly how unscrupulous, how selfish, how anti-consumer/music as a creative endeavor and pro-greed the lables REALLY are. It has a chapter that breaks down why TLC, that three girl group, actually did sell the most albums of a female trio, almost 10 million copies, and each took home $35,000 a year, and had to file for bankruptcy. What's disheartening is their story is not unusual. In the book they investigated three of the big labels, the REAL break down of costs (including CDs), the REAL costs of marketing, where the money REALLY goes (A&R man, execs, NOT so much marketing, certainly not manufacturing, and definitely not the artists who do the work) and basically this book, sorry Pounce, but proves you to be incredibly wrong.
Maybe you need to go back and find the Macrumors article about the record exec saying that "he [they] should get a cut of iPod sales." Yes, a record guy said this. It's showing the true color or record companies. Many here pointed out "how come record companies didn't want a cut of boombox sales? Walkman sales? Record (vinyl) player sales?
So this thread that makes you mad isn't a symptom of consumer gone mad or group think, it's consumers fed up with the system that is about control and greed. Nothing more, nothing less. You're right, stealing is wrong, but sometimes two wrongs may hopefully make a right.