Old Fashioned Record Labels are a Relic of the Past-They just do not know it yet
The RIAA is serially bullying people with lawsuits. This effort is aimed at discouraging people from downloading music. The fact is their business model was made obsolete at the time of the adoption of MP3 music compression. Let’s use some common sense thinking on this situation: 1- The music the record labels were selling never was worth much. Sure they got some dumb kids to pay for it. The reality is the marginal cost of production of their vaporware product is nil. 2- The labels had such a revenue stream for so long that they can not believe the party is Read more…