Mar 1 2007

Music executives judge Jobs, lament losses



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NEW YORK–The discussions at a music conference here Tuesday started with an all-around bashing of Apple CEO Steve Jobs before moving to the plethora of issues plaguing the music industry.

Apple, digital rights management (DRM) and the public’s willingness to pirate music were discussed, debated and lamented once more by attendees of the Digital Music Forum East conference.

"We’re running out of time," Ted Cohen, managing director of music consulting firm TAG Strategic, told the roughly 200 attendees. "We need to get money flowing from consumers and get them used to paying for music again."

The call to arms by Cohen, who was moderating a panel discussion titled "The State of the Digital Union," comes as the music industry suffers through one of the worst slumps in its history.

CD sales fell 23 percent worldwide between 2000 and 2006. Legal sales of digital songs aren’t making up the difference either. Last year saw a 131 percent jump in digital sales, but overall the industry still saw about a 4 percent decline in revenue.

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  • Markus88: Someone have a tvtorrent.com innvite for me? I'm going crazy to find it. Please email at marco.r1988@hotmail.it...
  • Jared Moya: It doesn't mention DRM, but yes, that had be better be the case. It ought to also legalize P2P for $75 would buy an aw...
  • Jared Moya: That's the worst part. The £400 is an arbitrary figure that bears little relation to perceived or actual losses. It's n...
  • jchunter93: ii donated like 3 days ago and i know it says wait 1 - 48 hours but its been like 72 hours now and my account is still n...
  • mountain_rage: If they charge us $75 on the player, its only fair that they state in the law that content shifting is fair use, and ban...
  • Rob: I work for a law firm, and unfortunately a close relative has been the victim of the ACS: Law letter in question. The...
  • meh: The problem is that mafiaa.org declard war on us 10 years ago. They fked themselves. I will pirate forever because of th...
  • UK ISP Criticizes Mass P2P Lawsuits: [...] (BPI), hardly an advocate of developing new business models to combat illegal file-sharing, has criticized ACS:Law...
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