The major labels are dammed if they do sue amazon and damned if they do not.
The choices are: If they do sue Amazon can they afford the legal battle? EMI has been in court with MP3tunes.com/Michael Robertson over its cloud based offering for three years - with no end in sight yet. And finally Amazon's market cap is more than 4 times that of the whole music industry put together.
If they do not launch a law suit against Amazon whats to stop Google and Apple launching their cloud music services without licenses as a precent has already been set?
WMG's demands are ridiculous because its a drowning in debt over leveraged business where it's two head honcho's Bronfman Junior and Lyro Cohen have recklessly paid themselves increased bonuses each year whilst the company has been losing more each year. Talking about corporate recklessness. These the folks who should but up on corporate fraud charges. The industry would be all the better for it.
We all know Apple with Steve 'Dictator' Jobs at the helm are control freaks. We also know that history has proven open systems ALWAYS win over closed ecosystems. The irony being the CEO who should realise this Steve Jobs - is they same CEO at the helm who already lost the battle once. Obviously Steve is an ignorant leaner...
Checkout an interesting analysis on this topic here: http://www.themusicvoid.com/2011/02/why-apple-will-fail-unless-it-changes-course/
iTunes is a monopoly under both the definition of EU as well as US competition laws with more than a 65% market share. Why hasn't the US government acted to rectify this clear breach of the United States own competition legislation?
So it is good to see another big player on the block adding some disruption in the market...should be both great for user and artists alike.
check out the post in more details at:
http://www.themusicvoid.com/?p=123
Well in the UK, the BPI (aka the major music industry), the government and ISPs have ironed out an agreement based on three strikes of file sharing and you are disconnected.
I have written an article on my blog which examines whether this bandaid is actually hitting the root cause of a lot of piracy.
The blog also has a video interview with Pim Betist the founder of www.sellaband.com
Even if Viacom do win will any of the money actually reach the artist's who's music video content was infringed by Youtube?
I doubt it, you just need to look at the payouts the labels won against both Napster and Kazza. Not one cent was paid through to the actual artists whose copyright was infringed.
Check out this article on my blog which goes into a lot more detail:
Dammed if They Do and Dammed If They Do Not
The major labels are dammed if they do sue amazon and damned if they do not.
The choices are: If they do sue Amazon can they afford the legal battle? EMI has been in court with MP3tunes.com/Michael Robertson over its cloud based offering for three years - with no end in sight yet. And finally Amazon's market cap is more than 4 times that of the whole music industry put together.
If they do not launch a law suit against Amazon whats to stop Google and Apple launching their cloud music services without licenses as a precent has already been set?
WMG's demands are ridiculous because its a drowning in debt over leveraged business where it's two head honcho's Bronfman Junior and Lyro Cohen have recklessly paid themselves increased bonuses each year whilst the company has been losing more each year. Talking about corporate recklessness. These the folks who should but up on corporate fraud charges. The industry would be all the better for it.
Why Apple Will FAIL
We all know Apple with Steve 'Dictator' Jobs at the helm are control freaks. We also know that history has proven open systems ALWAYS win over closed ecosystems. The irony being the CEO who should realise this Steve Jobs - is they same CEO at the helm who already lost the battle once. Obviously Steve is an ignorant leaner...
Checkout an interesting analysis on this topic here: http://www.themusicvoid.com/2011/02/why-apple-will-fail-unless-it-changes-course/
In Defense of Myspace Music
iTunes is a monopoly under both the definition of EU as well as US competition laws with more than a 65% market share. Why hasn't the US government acted to rectify this clear breach of the United States own competition legislation? So it is good to see another big player on the block adding some disruption in the market...should be both great for user and artists alike. check out the post in more details at: http://www.themusicvoid.com/?p=123
BPI, ISPs and UK gverment come to 3 strikes and your out file sharing agreement
Well in the UK, the BPI (aka the major music industry), the government and ISPs have ironed out an agreement based on three strikes of file sharing and you are disconnected.
I have written an article on my blog which examines whether this bandaid is actually hitting the root cause of a lot of piracy.
The blog also has a video interview with Pim Betist the founder of www.sellaband.com
Be good to get your thoughts…
http://www.themusicvoid.com/?p=110
Cheers,
Jakomi
Great post and oh so relevant!
Even if Viacom do win will any of the money actually reach the artist's who's music video content was infringed by Youtube?
I doubt it, you just need to look at the payouts the labels won against both Napster and Kazza. Not one cent was paid through to the actual artists whose copyright was infringed.
Check out this article on my blog which goes into a lot more detail:
http://themusicvoid.wordpress.com/2007/12/05/black-box-income-the-digital-black-hole-so-what-incentive-is-there-to-be-an-artist-anymore/
Be good to get your thoughts Mike.
I will be adding hypebot to my blog roll.
I look forward to reading more of your thought inspiring posts.
Cheers,
Jakomi