On May 2, 2000, Lars Ulrich, drummer for the band Metallica, announced that his group was suing Napster, a free file-sharing service that let fans download music online. During the press conference outside Napster’s headquarters, Ulrich presented the company with a giant stack of papers listing the names of 300,000 Napster users. His assertion: Napster was enabling these people to steal music. Continue reading
In a moment of clarity, Billboard admits that album sales don’t tell the whole story of record label revenues. According to Billboard, “there’s more to the story. Recorded music looks better when streaming gains are taken into account.” As I’ve been arguing for a while, record labels earn revenue from a number of sources well beyond album sales. So the recent decline of albums and tracks is rather irrelevant when considering industry profits.
iTake-Over: The Recording Industry in the Digital Era was released today by Rowman & Littlefield. Be sure to grab your copy. Continue reading
A new book by a UT Arlington assistant professor reveals how large corporations exploited new technologies to maintain their stranglehold on the music industry.
David Arditi, an assistant professor in Interdisciplinary Studies, wrote “iTake-Over: The Recording Industry in the Digital Era,” published by R&L Publishers. It will hit shelves Dec. 5.