Originally Posted by iansales
The so-called losses from downloading thrown around by record labels and Hollywood studios are nonsense. The only thing they prove is that their business models simply cannot survive in today's environment. They need to change, not introduce stupid laws that cannot be policed or demand insane amounts of compensation for minor infringements.
I was reading an editorial in one of the newspapers (sorry I forget which one) but it was noting how bands have changed in the last few decades. Once bands played concerts simply to promote albums, and made their money from album sales. Now bands release albums and singles (often for free) to promote tours, and make their money from the concerts. The record companies make little money from the concerts. They should have caught on to this change sooner.