5 ms·
The fact that people are willing to pirate instead of purchasing $x for product type y is the market speaking. Given that the fundamental premise is DRM is fla
by tytso 15y ago
The fact that people are willing to pirate instead of purchasing $x for product type y is the market speaking.
Given that the fundamental premise is DRM is flawed from a technological point of view, it's at best a polite request.
Governments can pass laws trying to prohibit it, but it's like trying to pass laws prohibiting cars driving faster than 55 MPH. If people fundamentally don't agree with the law, passing the law even if you can buy a few senators isn't going to help. It just promotes a greater disrespect for the law.
- krschultz 15y agoBut clearly, there are a lot of people in the marketing still paying $x. If there weren't, the music industry would be out of business. The pirates are actually inflating the prices. If piracy weren't an option, there would be a group of people who would pay $3 but not $4, and some that would pay $5 but not $10. The industry would figure out where they could get the most profit with the standard profit * volume equation. The price would settle lower on the spectrum. Instead, all of the price sensitive people have turned to piracy. So again, going to profit * volume, you find the sweet spot among the people who are less price sensitive. Clearly the albums end up being more expensive. Why compete for the people who want to pay $3 if they probably will just continue to pirate? You are cannablizing your sales among less price sensitive customers.