And 10 billion songs per year is a very conservative estimate. |
But in the cases where people were downloading four or five or six songs from one work, 10 times out of 10 that album became a big seller at traditional retail. People still sometimes see the CD as a good investment. |
Even bands with deep catalogs have hits, and then they have superstar hits. There may be 20 songs from Queen that people know, but really we're talking about two or three that are more popular by orders of magnitude. They're cultural staples. If I had the option to buy 9 songs instead of 12 songs on 'Meet the Beatles,' I might have done that. |
File sharing has never been more popular than it is now, ... People have heard all the legal threats and admonitions, but that's not enough. They don't believe it. |
I think that television and Hollywood film will have a much easier time of working with this phenomenon as opposed to battling it. |
I think this just opens more doors and asks more questions than it answers, ... We're going to see a whole of litigation because there's still no clear standard. |
If consumers feel it meets the standard of P2P, they'll be willing to try it, ... Otherwise, they won't care. |
It's an existential question. To answer it, you'd have to get between the ears of everyone who downloads for free, every time they download something. |
It's just like if Sony went out of business. Your Sony television would still function. |
Most people, most of the time, get their music free. And that's not a marketplace. In fact, it directly threatens the concept of the music marketplace. |
My easy prediction is that The Beatles will sell a lot of songs online, even though seemingly everybody who has access to them has their songs already. |
None of these companies are essential in the mix. They're afterthoughts. |
off like a switch. |
People are getting more free music on mp3s than they're getting on CDs, ... And nearly all those mp3s are illegally downloaded. |
People are getting more free music on mp3s than they're getting on CDs. And nearly all those mp3s are illegally downloaded. |