Friday, February 27, 2009

P2P File Sharing is Really NOT the Problem

This article is by far the best article I have ever read explaining why file sharing on the Internet is actually not the problem the various entertainment industry groups claim of it:

How To Kill The Music Industry

If you look at their annual reports you can plainly see that the music industry vastly overstates their claimed sales declines. Markets do not grow forever and Jens Roland's article does a good job of explaining what people are doing with their money instead of buying music and going to the movies.

A few weeks back a younger relative of mine - approx age 20 - put a question to me that had been perplexing him: "Why would you want to own a CD or DVD?"

Maybe that's an even pithier answer to what ails the RIAA and the MPAA. Any intelligent reply to that question would open up the door to a new business model. The business model of selling physical, easily damaged media that must occasionally be replaced or updated to a new media player is ABSOLUTELY over. Dead. Gone. Paul is buried...

We are going to have all kinds of digital media on tap sooner or later. Either the consumers will work it out for themselves or the industry can take part also, the choice is theirs.

But let's make one thing abundant clear: entertainment industry gatekeepers have become entirely superfluous.