« on: April 03, 2014, 08:53:00 PM »
While I don't believe in piracy, I do often find myself listening to music on Youtube mainly out of convenience. I don't think Youtube is a huge threat. The damage was already done before Youtube came along.
I do believe that online piracy has hurt the business overall but I also feel like the music industry has completely failed to adapt. I feel a lot worse for the smaller labels like Projekt and their artists than I do for people like Don Henley and Eminem. I certainly don't feel sorry for the major record labels.
I think digital downloads need to be priced more reasonably. I think $10 is usually a bit too much for most albums. I've seen albums on Amazon MP3 and iTunes for $12 and that's just ridiculous. I could buy a used CD for much cheaper. I think the industry needs to provide value, especially in a day and age where consumers have so many options for entertainment. Why would anybody pay $18 for a CD when they can probably go to the movies or buy a video game for about the same price or less?