Monday, July 9, 2007

RE: Recording Industry Business Practice

This article came up randomly in the random article ticker on my gmail inbox. Following is an excerpt.

Prince's latest gambit also succeeded by acknowledging that copies, not songs, are just about worthless in the digital age. The longer an album is on sale, the more likely it is that people can find somewhere to make a copy from a friend's CD or a stranger's shared-files folder. When copies approach worthlessness, only the original has value, and that's what Prince sold to the Mail on Sunday: the right to be Patient Zero in the copying game.


I've never heard it said or been able to say it myself any better than this. Most companies that deal in intellectual property currently focus on licensing the copies of the IP, not the IP itself.

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