Interesting article on File Sharing

It's the commentary and edited highlights of a conversation between a
teenager and a composer, and how the composer is, ultimately, trying and
failing to defend an outmoded business model. Where music publishers used to have a monopoly on the means of
distribution, they were able to extract a high price for their goods,
but now the means of distribution are so widely available there is less
value in that monopoly. This is where the recorded music industries are getting it wrong. Whilst
there is some value in the composition, there is more value in the live
performance - as it was before the 20th century. This is starting to happen, live performance is a huge growth area,
£1.45 billion will be spent at Festivals this year in the UK alone, up
45% from last year - who wouldn't want that kind of growth in a
recession?

Technology changes business, it closes some doors and opens up others,
this is the natural order of things and record companies are just
clutching at straws on their way down sadly. http://techdirt.com/articles/20100701/10251210046.shtml

Posted via email from james downes' preposterous nonsense