For those of you who think Spotify is a rip of the artists, there is now a highly illegal software that is all the rage with the youngsters. It puts Youtube on your Ipod. Completely illegal of course but it is very big with law abiding teenagers and begs an answer to if you don't use streaming services, how do you fix that 70% of all downloads are illegal??
Then, once you've said that, how do you account for the 24% hit ST Holdings took on sales?
Far from out of the woods, when it comes to digital music the music hasn't begun to settle. It is obvious that digital music providers think it is a more than viable business.
With the birth of Google Music, Itunes has yet another competitor and this time a big one. Trust me, if Google thought subscription based rentals were the future, they would have gotten into that as well.
So what you have now is CDs going thru their death throws, streaming on the upswing but not there yet, and digital sales, where you can library your music on the cloud, battling with new contenders every day.
And, the majority of young people supremely indifferent since they simply steal the music they want.
Something about theft. I have never done it and for young people it sets a terrible precedent: it feels like a gateway son to greater thieving. Laws everybody breaks is bad laws because.
1) It makes many people criminals
And
2) If you break one law, you may break more than one law.
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