Monday, February 26, 2001

Slashdot | Napster Helps RIAA Again; RIAA Still Ungrateful (Updated)

You may have heard in the news today that the recording industry is claiming that they have proof Napster is damaging to their business: sales of 'music compact discs' fell by 39% last year, according to the Recording Industry Association of America.

Actually, the 'music compact discs' they're talking about are CD singles, not full albums, and CD singles represent less than 1 percent of the RIAA's total profits in a given year. So that works out to 39% of that 1%, and what they don't tell you is that album sales continued to increase, selling 3.6 million more albums than 1999.

This is merely an effort by the RIAA to keep spin control in their favor, by twisting the truth and not giving out all the facts. The slashdot article I linked to above does a nice job of destroying the RIAA's press release/bullshit.

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