just wanted to pass this along... it needs to be shouted from yon mountain top. my question is, how many licks does it take to get to the center of an issue? how many damning articles and papers have to be written to get the governing masses to WAKE UP?
let's not excuse thievery, but can we speak the truth about why we're pointing fingers?
http://www.kensei-news.com/bizdev/publish/factoids_us/article_23374.shtml
There is only one logical integration of all these statistics with the recent Soundscan data: even though actual point-of-purchase sales are up by about 9% in the US - and the industry sold over 13,000,000 more units in 2004 (1st quarter) than in 2003 (1st quarter) - the Industry is still claiming a loss of 7% because RIAA members shipped 7% fewer records than in 2003.
Forget the confusing percentages, here's an oversimplified example: I shipped 1000 units last year and sold 700 of them. This year I sold 770 units but shipped only 930 units. I shipped 10% less units this year. And this is what the RIAA wants the public to accept as "a loss."
I'll go a step further. This fact, that Sherman seems to confirm, should logically mean a smaller percentage of returns. But, shouldn't fewer returns mean higher profit margins and faster turnaround; and shouldn't that be good for both the retail and wholesale side of the industry? "Sure," admits Sherman today, "but I have no idea what US shipments looked like in the first quarter." Then how can he claim world-wide "losses" in his March speech to Financial Times New Media?
― msp, Friday, 14 May 2004 14:05 (twenty-two years ago)
walks like a duck, quacks like a duck, smells like a pile of shit: that's the riaa
― Forksclovetofu (Forksclovetofu), Saturday, 15 May 2004 03:48 (twenty-two years ago)
Yeah, there was a thread on this the other day (
RIAA Shipments Down but Soundscan Sales UP) but it didn't really get going.
But there's no harm in saying it again : fuck the RIAA. I was telling people about this today, including my mom (who is so bad at math she can barely count on her fingers) and even she understood the stupidity of the RIAA.
― Barry Bruner (Barry Bruner), Saturday, 15 May 2004 05:05 (twenty-two years ago)