Tag It launched the MusicDish Industry Survey series to provide the music industry with a better understanding of the emerging trends shaping the business both on and off-line. In this potentially watershed era for the music and entertainment industry, the need for quality information and analysis is more important than ever. Tag It is actively pioneering the research and analysis that will literally shape the industry for the 21st century. Our goal is to design a road map to success in the New Media era.
Work
Made For Hire AmendmentThe survey though sends a clear message to legislators: the impact of the proposed amendment will not only strip content creators of their intellectual property rights, but the rewards that come from their work.
A majority of participants not only found today's pricing levels unreasonable (74%), but excessive as compared to other forms of entertainment (70%). To reinforce the point, 40% stated that they would significantly increase their CD purchasing if prices were to drop to $9.99 while 45% would marginally increase their purchasing.
The survey found music industry members (57%) largely in agreement with the court ruling against MP3.com regarding the legality of the My.MP3.com service. Perhaps even more alarming to the company's public image campaign, 55% disagreed with MP3.com's countersuit against the RIAA that they had engaged in unfair business practices against them.
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