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YouTube download sites are “biggest piracy threat” to music industry

independent.co.uk

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Re: YouTube download sites are “biggest piracy threat” to music industry

#5

Post by CM30 »

Or their outdated business modal is the biggest threat to their industry.

Honestly, my thought on anything like this is 'just go bankrupt and be done with it'. Your business model clearly doesn't work anymore, you may as well just accept it and shut down.

Then again, that's my opinion on basically every business complaining to the government about how the internet is taking away their profits/how competitors/startups whatever are taking their market/can't stay solvent because of bad decisions (see banks). Capitalism is capitalism, the market is right, and if you can't deal with it, you go under. Simple as that.

Re: YouTube download sites are “biggest piracy threat” to music industry

#8

Post by philipov »

CM30 wrote: post #5

Or their outdated business modal is the biggest threat to their industry. Honestly, my thought on anything like this is 'just go bankrupt and be done with it'. Your business model clearly doesn't work anymore, you may as well just accept it and shut down. Then again, that's my opinion on basically every business complaining to the government about how the internet is taking away their profits/how competitors/startups…

That is precisely why antitrust issues begin long before a company gets a monopoly. Once a company becomes large enough where paying for friendly laws becomes easier than innovating, markets are going to stop working. If an organization is too big to fail, it's too big to be allowed to live.

Re: YouTube download sites are “biggest piracy threat” to music industry

#9

Post by imperio59 »

CM30 wrote: post #5

Or their outdated business modal is the biggest threat to their industry. Honestly, my thought on anything like this is 'just go bankrupt and be done with it'. Your business model clearly doesn't work anymore, you may as well just accept it and shut down. Then again, that's my opinion on basically every business complaining to the government about how the internet is taking away their profits/how competitors/startups…

Explain how it's an outdated business model? Content creator (musician, film studio) makes content. They must make money to recoup the costs of making said content so they can (at least) make more of the same content.

Are you saying all musicians should just go back to only doing live shows and concerts and give up recording music altogether?

This kind of comment just blatantly ignores the fact that there are very real issues at play, especially when big names in music are taking their music down from places like Spotify because they're just hardly getting any reward for it.

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