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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: StockHawk who wrote (2978)	2/7/1999 12:29:00 AM
From: Rande Is	Respond to of 57584

To all: Sorry, but I do not like any company that is doing business on MP3 format of music playback or transfer. Nearly none of the actual use of the MP3 format yields revenues. Most of the music placed into MP3 format is college students that buy a single CD, then upload the entire CD onto the college's internet website. . . it is placed there in the MP3 format so that every person with a PC can download and enjoy the record. And now Diamond Multimedia makes an MP3 player to be used like a "walkman." So what is the problem, you may ask? Well, how are the artists, songwriters, musicians, publishers, record companies and hosts of managers and others supposed to get paid, should MP3 proliferate? There is no acommodation for payment to any of these when music is uploaded onto the internet. Yeah, it could be fun to have free music for a while, but when your favorite bands break up because they can no longer make a living it will be you that is singing the blues. PTET made a stupid decision to endorse MP3, along with DIMD that makes the player. GDNO [Good Noise] and now VCR are also on my black list. There are representatives to the creative side of the music biz fighting MP3 in Washington now. I am hoping the entire format is mandated to be encoded with copyright data. This would mean that downloads must be paid and could no longer be free. Not sure what the answer will be, but one thing is for certain. . . MP3 is terrible for the record industry. If it is allowed to continue unabated, it will dilute earnings of all those I mentioned above. This will cause tremendous layoffs of artist rosters. . .and good-bye to that favorite band or singer. For more info on this and other music internet/technology subjects, read my posts on the following thread: Subject 20468 Thanks for the work on your submission, StockHawk...you did a great job. There was no way for you to know my deep feeling toward this contraversial issue. Rande Is