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ExtraTorrent.cc > Articles > Entertainment Industry Should Understand Economy

Entertainment Industry Should Understand Economy

Entertainment Industry Should Understand Economy

Added: Wednesday, August 31st, 2011
Category: Bit Torrent Freedom > The Industries Of Records, Gaming, Software, Movies
Tags:ET, p2p, Torrent, Piracy, Peer To Peer, Network, Hackers, Internet, BitTorrent, Google, utorrent, bitcomet, extratorrent, 2010, www.extrattorrent.com
Another research confirms that file-sharing is generally limited in both North America and Europe, but is still on the rise across Asia-Pacific, Latin America, and the Middle East. Industry observers called piracy “progressive taxation”, which can be considered a great theory reproducing the nowadays situation.


In this particular research it is said that the problem is actually not piracy but pricing. In other words, pricing can’t put any discernment into the strategies of the music industry, because it makes no difference between West and its less-wealthy neighbors. However, these weren’t problems that concerned the Recording Industry Association of America, because the outfit was too busy suing people and organizations within the United States. Back in 2008, the outfit took a decision to drop its strategy of mass lawsuits and switched to pushing Internet service providers into spying their own subscribers to stop piracy.

Yet, the actions of the music industry were of little success thus far, as well as based on the assumption that its targets were faulty. Meanwhile, the recent research showed that around 10% of North Americans appeared to use file-sharing services in the last three months, but the figure was approximately 20% at the European Union.

Nevertheless, on-the-rise economies of developing countries (Latin America - 45%, Asia-Pacific - 42%, and Middle East and Africa - 41%) constitute a larger piece of pie in the file-sharing community. The question is whether the world can be comprised of thieves according to these numbers, or the attention should be drawn to the economic and technological differences between developed and developing countries?

Major part of those who really infringe copyright respond to little more than a letter demanding to take the content offline. The servers that ignore the entertainment industry’s requests are generally located in countries where the books are unavailable for sale or are too expensive for ordinary people to buy. For example, in Russia the average salary is $500 a month, while the books cost sometimes more expensive than in the US – each good textbook is around $30, which the part-working students or their parents can hardly afford. As for the elderly people, their pension is $200 a month – and you have to take your time and calculate it out how to survive on this money, not what books to buy. These are official numbers, you can goggle them and the prices in shops of developing countries (and better visit them) before taking a final decision on which side to take. That’s what the industry should de as well before blaming China and Russia for all its woes. At the same time, the industry stubbornly refuses to understand that the simplest way to make customers stop sharing illegal content is to offer them a legitimate alternative, at a fair price.

August 31st,2011

Posted by: 

Date:  Wednesday, August 31st, 2011

Comments (6) (please add your comment »)

posted by ET junkieET loverTurtle (2011-08-31 19:05:24)
fusseltier avatarif the oil companies won't understand the economy, or even roll back prices when oil is cheap like now, why would the entertainment industry?
there is more than enough oil for the next 300-400 years at minimum and there is no shortage, oils is cheaper, and no problems with iran to use as an excuse to raise prices, so why are the prices always going up, especially when the oil companies are making record profits? does one company really need to make 120 billion dollars profit? isn't 100 billion enough?
they are ruining the worlds economies and killing the poor by starvation because those companies make everything cost more when fuel costs more...

posted by ET junkieET loverTurtle (2011-08-31 19:10:43)
fusseltier avataryeah man, if these companies had some common sense and had prices that were reasonable for the region / country they are selling their products so that people could actually afford to buy it.
the only one i know of that does it is symantec. price is double in europe than in the philippines, and you have to use the payment method that has the same account address in that country to get that price.

it makes sense, people in the philippines make nothing, and could easily use pirated software, so at least symantec had enough sense to have local pricing.
any sales are better than no sales.

posted by (2011-09-02 05:14:46)
No avatarit wont happen till it all compleatly FAILS. by then it will be to late and they will wish they had done something.

posted by Blocked (2011-09-04 03:38:43)
SaveIt4later avatarOil companies on make about 10 cents on the gallon...the rest of the price is GOVERNMENT taxes...google it!

posted by Blocked (2011-09-04 03:41:46)
SaveIt4later avatarand yes fusseltier it is fair that a company makes trillions of dollars if they can. who are you to decide how much they need or want to make? if you say that, then where's the limit to it? is it fair that McDonald's Corp. continues to grow and make more and more money? according to your theory it's not fair. such hogwash.

posted by (2011-09-05 04:22:28)
desimate avatarIt sure the hell didn't bother the music industry during the cold war. They loved the idea that the young people trapped behind the iron curtain, were obtaining pirated copies of western music. And the governments in the west actually encouraged it, now that communism is gone, and replaced by so-called capitalistic governments, now they want their piece of the pie. At least that's my take on it.

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