hmm..interesting posted by

The Music Industry – where lawyers=winners and artists=losers


So how does this work again? Let’s see. Between 2006 and 2008 the US record industry paid over $64 million in legal and investigative fees, and recovered a grand total of $1.3 million from file sharers. Wow, that’s an amazingly astute business model. We’re talking spending $17 million in 2008 alone, to recover $391,000 in penalties.

Small wonder, then, that for every $1000 of music sold, the average musician makes just $23.40…tops. The industry clearly needs to grab as much money as possible to keep feeding the lawyers. Excellent.


Wonder if it’s got anything to do with that other marvellous fiction, Hollywood Accounting? You know, where a movie can earn almost a billion dollars in revenue and still end up ‘losing’ $167 million. What a game. Almost makes Wall Street look respectable. Almost.

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