Ravioli
Microboner
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A news article was recently posted on a swedish news site, so i decided to translate the most important bits (im a horrible translator btw). Sorry if some words doesnt make any sense.
http://www.aftonbladet.se/nyheter/article6281110.ab
Finally ARTISTS are gaining control of the music industry, instead of these rich fat record labels who basically steal their artists income. The myth that filesharing is somehow harmful to the entertainment business is slowly being debunked. Record labels and similiar companys and corporations needs to back off from attacking file sharing, as they are pushing to destroy our internet rights.
http://www.aftonbladet.se/nyheter/article6281110.ab
Even though filesharing is growing, the swedish music industry is doing excellent. And artists make more money than ever before according to a new study. But its not going so great for the record labels.
Two researchers from Kungliga Tektniska Högskolan (a university) in Stockholm, have mapped the swedish music industrys income since 2000. Not only the record labels income have been researched, but also the publishers who organizes live shows and copyrighted material which channels the money to the artists themselves.
Results: Under the last decade as the filesharing has grown huge, artists incomes have increased radically, from about 786 million kronor, to 1058 million from last year. The 35% increase is caused mostly by live shows which also have increased, and in some cases doubled, according to the researchers results.
“We have carefully gone through the industrys own numbers from 2000-2008, and the economical data from the largest live-companies to make sure they are correct” – says Daniel Johansson, fileshare researcher at KTH
“It has been a lot of digging and collecting and analyzing. The problem is that so many profits are published in double from some organizations” he says.
Artists as a whole makes substantionally more profits today compared to the start of the decade. The report doesnt cover how it looks for individual artists or how different types of genres have been effected.
As a total, the music industrys profit have been surpirsingly stable under the first filesharing decade, with an annual profit of 3,5 billion kronors. However, record labels have lost half of their salesworth. So the big difference is that record labels have lost and artists have won.
Finally ARTISTS are gaining control of the music industry, instead of these rich fat record labels who basically steal their artists income. The myth that filesharing is somehow harmful to the entertainment business is slowly being debunked. Record labels and similiar companys and corporations needs to back off from attacking file sharing, as they are pushing to destroy our internet rights.