Comment: Re:Fairly well known issue (Score 1) 562
Well, there's certainly some truth to that, but you're assuming that there is a free market at work here. That isn't the case. Markets require property rights - if I can pay you or not pay you for something depending on, basically, whether I give a crap or not, what you have is not a market in the capitalist sense. That is what has happened to music and is happening to other types of creative works due to the failure of the tech industry to implement strong DRM, or to stop file sharing networks. There is no market any more. Only beggars and charitable individuals.
Maybe artists should start treating their recordings as promotional material and not as a revenue source? I have seen several studies suggesting that even though recording sales are down, artists are coming out ahead as they get a considerably larger share of the profits from live performances. From a personal perspective, I have been to concerts for dozens of bands over the last few years that I would not have even heard of had I not come across their music online and downloaded their collection.
Also if you think strong DRM would solve the 'problem', ask yourself why the majority of e-book retailers are dropping DRM left right and center.