Adaptation of the book “Appetite for Self-Destruction: The Spectacular Crash of the Record Industry in the Digital Age” by music journalist Steve Knopper will chronicle the rise and fall of the US music industry.
Many are well aware of the music industry’s long history of ignoring music fans and now it seems that HBO Films has decided to produce a movie that chronicles its shortcomings.
According to the Hollywood Reporter it will be based on the book “Appetite for Self-Destruction: The Spectacular Crash of the Record Industry in the Digital Age” by music journalist Steve Knopper.
The book covers some 30yrs of the music industry’s missteps beginning with the disco craze back in the late 1970s, through the CD craze of the late 1980s and 1990s, its battle with Shawn Fanning’s Napster in the late 1990s and other P2P applications since then, to the rise of digital downloads replacing physical CD sales.
It should be a good movie to watch if for no other reason than to see precisely how short-sighted and ignorant the music industry really is. Every time a consumer seems to want a product or service its response is automatically no and only has a change of heart when declining sales force its hand.
It was true of digital downloads, streaming music, and DRM.
Add to that the fact that all along the way, to this very day, suing file-sharing customers has been an essential component of its overall business strategy.
Demanding thousands of dollars for a few hundred dollars or less worth of illegally downloaded music has only served to turn off music fans, and encouraged them to look for alternative ways to support artists without putting money in the pockets of the record label that targeted them.
Instead of targeting the real pirates in the world who siphon profits from the music industry with physical bootleg CDs it decided to target mainly college students whose intent is not to make money, but only to share and enjoy music.
If only the music industry could tell the difference and stop telling everyone there isn’t.