Monday, January 25, 2010

Cost of music piracy: $2,250 per song.

Are you one of the people still sharing your music over peer to peer networks like Limewire? In the 'Threat Level' blog for Jan 22, David Kravits tell us about Jammi Thomas-Riset, who was fined 1.92 million for sharing 24 songs. That's $80,000 a song! Jammi's lawyer asked that the price be reduced. The judge agreed, and reduced it to the minimum allowed, $750 per song x 3. The judge called the original amount "shocking."

The RIAA is a fear-mongering bully, and they need to be forcd to disband and allow artists to do their thing. The premise that internet sharing reduces CD sales is hogwash, and 70's folk singer Janis Ian makes a good case for the opposite here, and Eric Flint of the Baen Free Library makes a similar case here and amplifies on it here. Ian's article is also published in "Prime Palaver" on the Baen Free Library website. Both people can demonstrate that offering things free (including having your music pirated) leads to more - not less - sales.

It's inevitable the entrenched businesses with "strategies that work" will react violently to any new model that makes their way of doing business obsolete. But it's getting old. The iTunes music store has demonstrated quite well that legal online sales are not only feasable, but can be highly lucrative. But they still want to alienate their users by suing them. I'll never understand the corporate mind.