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Originally Posted by gold sounds  :
- The industry dug it's own freaking grave when the big 4 failed to work with Napster to develop their own downloading/streaming framework ahead of the curve. Most of the disaster happening now in the industry is still a result of every major corporation being hesitant to cut short-term profits to fight off a long-term threat, thus permanently reshifting power of distribution to the masses. |
That's just so unlikely. People say this as though it's fact, but it's almost certainly wrong. It would have been free no matter what, and it's well proven today that having legal outlets makes no real difference. Free is free. The exactly same thing would have happened no matter what.
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- I'm curious what the industry was valued at before the 80s, and how 5.5B maps to that with inflation. I have a feeling that everything since then has been an inflation of perceived worth via major labels controlling pricing and the sales channel.
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No the downturn is in term sof units sold, not money. So it is not affected by inflation.