Earlier quoted context omitted.
"If you provide people with easy, convenient, legal methods to consume the content in a way that works for them, for a price they find reasonable, then they overwhelmingly won't resort to illegal means." I disagree. Music is cheaper and easier to buy than ever with things like iTunes and the various streaming services and music piracy is still rampant. Bars have very slim margins and owners will most likely never pay…
Successful bars don’t have slim margins. Restaurants often have slim margins because of food waste, but bars have pretty good margins. There is very good profit on drinks: a 750 bottle of Tito’s vodka costs about $18 wholesale, provides 16 shots, at $5 per shot, that’s $80. Then discount 20% for spillage, that’s $64. Bartenders in the US make tips, so the hourly cost to the bar is pretty minimal, but in Europe, every…
This just another way of saying that successful bars are successful.