Also impossible to value "goodwill".

 

Its simple economics, if something is easy to steal you have 2 options, 1) make it harder to steal or 2) lower the price so it actually costs more to steal it. Record companies dabble on both sides, my guess is they figured why spend millions on lawyers trying to sue Jan Doe, instead lets just try and change the law.

 

Ultimately legislating the problem generally doesnt solve much, just creates different rules to play by.

Also impossible to value "goodwill".

 

Yet managerial accounting let's us do that. Yippee

Pre-napster I can remember CD's costing $15 or so, anecdotal evidence would suggest that pirating has caused music prices to go down.

 

I think the model is as follows:

 

X people will buy music regardless of price.

 

Y people will not buy music regardless of price.

 

Z people will buy music only if the price is low, if not they will download music.

 

That sounds right to me.

 

Sincerely,

Y

Edited January 24, 201214 yr by flippedoutpunk

Stealing is stealing regardless of who you take it from... Should the guy who had a lobster at KWs should feel better because of how much KW has?

Ya I was joking

Then my next question following that would be...why should I believe that current levels of copyright protection are the best ones? They've been changed many, many times historically. They started at 28 years when this country was founded, and now are at 95 years, and will be expanded again before 2023.

 

No one is saying that content creators should have no right to own their own goods...but there have to be appropriate limits in terms of both efforts of enforcement and levels of control...and trying to cite the poor artist working hard for the production of their art as an argument suggests that at present, the person arguing that either believes copyrights should be infinitely protected or that copyright enforcment is currently not strong enough.

 

Isn't that EXACTLY what the entertainment industry is asking for?

 

 

Isn't that EXACTLY what the entertainment industry is asking for?

 

A never-ending extension of copyright protections to enable limitless rent-seeking? Absolutely!

 

It's hard to make an argument that these sorts of extensions are inline with the intent behind patents and copyrights.

Isn't that EXACTLY what the entertainment industry is asking for?

Yes. And I absolutely guarantee they will get their next extension before the year 2023 comes along. (I hope everyone is catching why I keep saying that date).

 

Infinite expansion of copyrights is not a good thing. It would not be a good thing if Shakespeare were copyrighted these days.

A never-ending extension of copyright protections to enable limitless rent-seeking? Absolutely!

 

It's hard to make an argument that these sorts of extensions are inline with the intent behind patents and copyrights.

 

It's not really an extension, it's a new means of enforcement. And even though you're worried about the doomsday prophecy, it's not happening.

It's not really an extension, it's a new means of enforcement. And even though you're worried about the doomsday prophecy, it's not happening.

No, they keep granting extensions to the length of copyrights. There's one particular property that keeps driving these extensions.

 

edit: they want infinite copyright status and Draconian enforcement rules that get compared favorably by industry heads to how China "manages" their internet. Two different but related issues.

Edited January 24, 201214 yr by StrangeSox

http://www.cracked.com/funny-4003-the-pira...user4=flashback

Most music/video companies refuse to settle copyright infringement claims even for 2x the value of the alleged product. Getty images refuses to settle for anything less than like $700.

Interesting piece here on the growing music industry. Another article explains the disconnect between the concept of the "declining" music industry and the reality of a growing one:

 

n an era of unprecedented musical abundance, when more music is being produced than ever and consumers are spending more money on music than ever, why are so many people convinced that the music industry is on the ropes? The problem is that we’ve grown accustomed to treating "the music industry" as synonymous with a handful of large recording companies. These firms still publish our most famous musicians, and they’re well-connected to major media outlets and to Congress. And so for people who aren’t paying attention to the industry’s change of structure, it might seem like these firmsare the music industry.

 

 

Ha, the recreation of a torrent site was spot on.