Feeds

Music biz changes tune on Net threat

All of a sudden, the Internet is an opportunity

  • alert
  • submit to reddit

Internet Security Threat Report 2014

A music industry executive has finally gone public and revealed what business' real attitude to the Internet and music piracy.

"We've far more to fear from a surplus of CD manufacturing here in Asia, where in some markets 90 per cent of CDs are bootlegged, than from the Internet," EMI senior VP Jay Samit later told Reuters.

Samit also spoke out at the MTV-Billboard Asian Music Conference, held today in Hong Kong. Again, what seems like more honesty: "As an industry we suck. As an industry the vast majority of the products we create don't make anyone any money... [but] the Internet has grown things more than ever. That extra sale, that extra distribution... all that is the difference between an artist continuing to create art or going and working in a bank."

In other words, the Net is a good thing and the music biz needs to get behind it.

Except, of course, it already is. Samit is simply repeating what the industry has known for some time - what looks like a change of heart has come along solely because the major labels are at last ready to turn digital music distribution to their advantage. EMI is launching just such a service next month. Sony won't be far behind and Bertelsmann Music Group (BMG) will follow them both this summer.

All of which exposes the industry's previous complaints about how, thanks to rampant piracy, the Net is a major threat to music were just so many attempts to spread FUD.

Still, the conference did raise some real issues. International Federation of the Phonographic Industry chairman Jason Berman pointed out that new, worldwide copyright laws will soon become essential.

"We need an adequate legal framework,'' he said, according to Reuters. "What the Internet does is globalise your business, and the idea of having 50 or 60 different copyright regimes simply will not accommodate that kind of business.''

But that remains separate from the music industry's attempts to take control of online distribution - unifying such regimes will simply streamline the major labels' distribution efforts, not provide them with a basis for such operations. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
4chan outraged by Emma Watson nudie photo leak SCAM
In the immortal words of Shaggy, it wasn't me us ... amirite?
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.