p2pnet news | RIAA News:- The Institute for Policy Innovation, a ‘think-tank’ founded by congressman Dick Armey, has released a deeply flawed, 32-page ‘study‘ purporting to prove “rampant global piracy of recorded music” has cost the US $12.5 billion and 71,060 jobs “annually”.
Precisely $12.5 billion? And exactly 71,060? Every year? That’s what its press release says, but it doesn’t say when this began to happen.
The entertainment cartels, of whom EMI (Britain), Vivendi Universal (France), Sony BMG (Japan and Germany) and Warner Music (US) are fully paid-up founding members, are sparing no cost in their efforts to gain total control of how ‘product’ is handled and distributed online, with their various member companies, and only their their various member companies, firmly in the driving seat.
The Big 4 have for years been trying to claim a file shared equals a sale lost in a wild attempt to justify the continuing lawsuits they’re lodging against their own customers in a fruitless effort to turn them into compliant consumers.
However, the claim has been repeatedly shown to be completely untrue by any number of studies, academic and otherwise.
The labels, not to mention the movie studios, say every download represents a theft, although nothing has been stolen and no one has been deprived of anything in any way, shape, manner or form, and no money has changed hands
To the contrary, it’s now widely accepted that downloading constitutes an invaluable form of viral marketing, which is why more and more bands not tied to the Big 4 are turning songs loose online.
And many of them go even further.
Prince, for example, ran every song on his latest CD for free on the P2P filesharing networks, and you don’t hear him complaining about the results.
Meanwhile, according to the Big 4 labels, any given music lover would have bought a corporate music file had they not previously downloaded it.
Carved in rock guaranteed.
It’s hard to think of a more absurd contention. But that’s the claim. And that’s what the mainstream media faithfully regurgitate as though it emanates from reliable and credible sources.
And The True Cost of Sound Recording Piracy to the U.S. Economy supports this ridiculous assertion, presenting it as hard fact.
It concludes:, “the U.S. sound recording industries are now sustaining approximately $5.33 billion in losses as a result of global and U.S. piracy. In addition, U.S. retailers are losing another $1.04 billion. These estimates suggest total ‘direct’ losses to all U.S. industries from music piracy that exceed $6.37 billion.
“These direct losses then cascade through the rest of the U.S. economy and the losses of economic output, jobs and employee earnings ‘multiply.’
“Based on the analyses set forth in this paper, because of music piracy, the U.S. economy loses a total of $12.5 billion in economic output each year.”
Confidently expect to see this fulsome and overblown report repeated as incontrovertible fact ad nauseum, and at length and in detail, in the mainstream media, and by various bought-and-paid-for US congresspersons
Jon Newton – p2pnet
and you don’t hear him complaining – Prince`s Planet Earth CD: FREE!, June 29, 2007