Monday, February 15, 2010
Thursday, February 04, 2010
Now for some basic math, using a revenue formula (for record labels) of 70 cents per digital track and an average of $9.25 per album. The results: 2009 digital track revenue grew about $62.3 million while album sales revenue fell about $503 million. That’s a net revenue loss of more than $440 million.
So clearly digital track sales are not fully replacing lost album sales revenue. In fact, during 2009, digital track increases offset less than 15 percent of the revenue lost from shrinking album purchases.
Wednesday, February 03, 2010
- Do you think Republicans hate poor people?
- Do you think Republicans want to harm poor people?
- Do you think it is wrong for a business to make a profit?
- Are prices of goods and services set by agreements between businesses? (This question needs work--there ought to be a way to get at the question of whether prices are determined centrally by colluding firms or by decentralized market processes).
- Does an increase in the minimum wage raise cause some workers to loser their jobs?
- Can we clean up the environment at no cost to consumers by forcing stricter emissions standards on car producers?
- Do you believe Freedom of Speech should protect racist speech, too?