Ever since the rise of Napster in the late 1990s, the recording industry has pointed to piracy as a dire threat to its business model. After years of legal actions and generally irritating their customers, the labels finally figured out how to adapt their business model to respond to changing consumer expectations. Enter the digital music download and subscription services.
It seems RIAA's own figures show that while yes CD sales are down, digital downloads now comprise a huge chunk of their revenues.
But they're still trying to convince people that Teh Eefil Music Pirates are the cause of all their woes.
![[info]](http://l-stat.livejournal.com/img/userinfo.gif){kind=small}
baralier) wrote,
cynical
