quote: A rate increase will bring a few more composers into the field and maybe some real talent along with it.
quote: Record lables DON'T want or make money from a mechanical rate increase.
quote: The National Music Publishers' Association, however, argues that the royalty increase will help everyone and will not hurt online music growth. David Israelite, president of the NMPA, the organization which is requesting the increase, stated, "I think we established a case for an increase in the royalties.
quote: Because in the economic history of the planet, one can find all sorts of data supporting the idea that raising the price of your product won't decrease sales.
quote: If the market can't bear something then it will adjust or disappear. Cheap online music isn't a right.
quote: No its not, but music labels colluding to raise prices on tracks to make it not worthwhile would probably be considered illegal.
quote: if music companies want to price themselves out of their own market, that should be their own stupid mistake to make.
quote: The government has no business getting involved.
quote: I don't hear you complaining that the car companies need to have more regulations so that fewer people have to take the bus.
quote: If it wasn't there these prices would be even higher. All music companies would just agree to raise the royalty prices and iTunes, the Zune store, Amazon Music, etc would just have to deal with it.
quote: The point was to explain how free market principles should regulate business, and to show that the govt shouldn't barge in and mess with it.
quote: Should a government panel exist to regulate car prices? How about the price of cereal?
quote: Of the government interfering in private enterprise. This is stuff that should be hashed out between the music labels and Apple. Not mandated by a government run review board.
quote: entire iTunes store is less than 8%
quote: The entire iTunes store is less than 8% (including iPod accessories), so the music store alone might be something like 3% of their revenues.
quote: how do you explain NBC getting pulled from the iTunes store then?
quote: Apple still will be selling movies, games, programs, and TV shows
quote: Consists of iTunes Store sales, iPod services, and Apple-branded and third-party iPod accessories.
quote: The iPod survived for three years without a store
quote: The acronym MTV makes me shiver in fear. MTV is probably one of the worst TV channels ever to be created.
quote: It used to be really good.
quote: there's liable to be public backlash against the labels.
quote: And the record labels, suffering from 20 percent lower cd sales in 2007, are likely equally unwilling to swallow the loss.
quote: Apple current controls 85 percent of the online music market and is set to sell 2.4 billion tracks this year, according to Piper Jaffray.