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There is one thing that I can't wrap my mind around in the whole demise of the recording industry. I would expect labels' execs to be smart and clear minded peo

by sili 16y ago

There is one thing that I can't wrap my mind around in the whole demise of the recording industry. I would expect labels' execs to be smart and clear minded people, just by virtue of obtaining their positions and taking their companies to international sizes. I would understand if they don't accept that the game is changing for a while and than have to catch up with the market, but to deny it for a decade to the point that their bottom lines are hurting to become so desperate as to lash out on any every passing thing. That does not add up.

msg 16y ago
The execs do know. They just don't have options that will make as much money for their shareholders. So instead they fight a slow rearguard action. Their time is passing. But for how long? Times X billion dollars per year.
- cookiecaper 16y ago
  If they were smart this all would have been moot a long time ago. They would start a subscription-based private tracker, add a URL handler so that things opened in the torrent program automatically, and everything would have been fine and nice and great and they'd be making much more money. Instead of doing this and making pirate methods obscure, they insist on wasting everyone's time and money by implementing DRM schemes that cause incompatibilities, only to be broken a short while later, and suing people, which ultimately just gives the pirate sources more time to grow and more media exposure, especially when they sue and/or force prosecution of these pirate sources directly instead of just pursuing average filesharers, a la The Pirate Bay.
cookiecaper 16y ago
Most management that gets installed after original founders retire or quit or die or whatever is pretty clueless. When someone gets an executive position by virtue of an MBA and a previous record of executive positions, you can know that the days of good management are pretty much gone forever.
naradaellis 16y ago
There's a LOT of cocaine in the industry. Sometimes I think they must have trouble seeing past the ends of their noses.
wazoox 16y ago
I think that's well explained in "the innovator's dilemma". Basically they built a tool that they can't just refit to new uses, because it's still their daily bread-and-butter. It takes an extremely strong mind for a company to successfully go through such a wind of change, historically almost none ever did.

by sili 16y ago

msg 16y ago

The execs do know. They just don't have options that will make as much money for their shareholders. So instead they fight a slow rearguard action. Their time is passing. But for how long? Times X billion dollars per year.

cookiecaper 16y ago
If they were smart this all would have been moot a long time ago. They would start a subscription-based private tracker, add a URL handler so that things opened in the torrent program automatically, and everything would have been fine and nice and great and they'd be making much more money. Instead of doing this and making pirate methods obscure, they insist on wasting everyone's time and money by implementing DRM schemes that cause incompatibilities, only to be broken a short while later, and suing people, which ultimately just gives the pirate sources more time to grow and more media exposure, especially when they sue and/or force prosecution of these pirate sources directly instead of just pursuing average filesharers, a la The Pirate Bay.

cookiecaper 16y ago

Most management that gets installed after original founders retire or quit or die or whatever is pretty clueless. When someone gets an executive position by virtue of an MBA and a previous record of executive positions, you can know that the days of good management are pretty much gone forever.

naradaellis 16y ago

There's a LOT of cocaine in the industry. Sometimes I think they must have trouble seeing past the ends of their noses.

wazoox 16y ago

I think that's well explained in "the innovator's dilemma". Basically they built a tool that they can't just refit to new uses, because it's still their daily bread-and-butter. It takes an extremely strong mind for a company to successfully go through such a wind of change, historically almost none ever did.