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Technology Stocks : MUSIC STOCKS: HIGH-TECH AND INTERNET- Winners and losers.

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To: ~digs who wrote (142)7/30/2001 3:15:11 PM
From: Rande Is  Read Replies (2) of 179
 
labels need to make sure the new services are easy-to-use and offer users the wide range of music they can get from Napster's successors. Without that, Dube says, Internet music fans will likely continue to download music for free.


Thanks for the report, Dave.

I wish the answer were as simple as making the services easy-to-use and offering wide range of music selections. But that doesn't begin to battle the sort of underground movement that has become "cool" to be a part of. . . and is being propagated by MTV, which makes its living playing music videos for free, which are supplied for free by who else but the record companies.

The problem is not the technology. The problem is that kids don't want to pay for music, movies, games, software, books or the like. And if there were a way to sneak food out of McDonalds without them knowing. . . .many of them would not only do it, but would teach others how to do the same.

As I said when I started this thread, the record companies slowness in responding to the digital age is costing them dearly. . . and may well have already cost them the game. I now believe that piracy will continue unabated. . . and in numbers even bigger than Napster. The kids are smarter and have kept up on the laws regarding distribution of copyrighted works.

The film industry should be shaking in their boots about now.

I am for encryption and digital watermarking. .. and whatever is out there now is out there. . . but what is yet to come may still be preserved. I also believe that the record, book and movie industries should spend some money on public awareness, PR and public service ads which illustrate to kids that there is no difference in downloading someones music without paying for it and taking an apple from a display and walking off without paying for it. They are both stealing.

Rande Is
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