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Media Piracy: Good Economics?
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Level 1.47

Mar 2006


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Old Mar 2, 2006, 04:59 PM #1 of 42
I would like to sample a movie or an album before buying it. I'll buy it because I like it, and I want a professional copy to add to my collection. If everyone thought this way, piracy will help the market. If it does help the market, the word piracy should be replaced because piracy has a negative effect.

Regardless of which party is correct on either side, it boils down to greed. The seller wants as much money as possible and the buyer wants the best quality for as little money as possible.

Stormshadow is right about the iTunes Music Store (IMS) because being able to buy one good song versus an album of garbage is a luxury. This luxury has caused the record industry to finally convince Apple to start a pricing system in order for them to make more money. All of the current songs will remain $1. In the near future there will be three different prices for songs to satisfy the record industry and their "greed."

If the record industry had five billion customers and lost 1 million, they would attack the reason for the loss. In this case, it's piracy. No matter what, the number of losses will never effect the industry. This world is huge. There will always be buyers and there will always be pirates. Greed greed greed!

Jam it back in, in the dark.
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