News
The Music Industry: History Repeats Itself
By Dennis Lloyd
Publisher, iLoungeGoogle+
Published: Monday, November 10, 2003
News Categories: Digital Media
Writer and blogger Tristan Louis has an interesting overview of the four stages of panic in the music industry: Ignorance, Panic, Protection and Litigation, and Quiet Acceptance. Some interesting food for thought.
“The recent fights of the music industry remind me a lot about the early days of the personal computer industry. While I was still a kid then, it seems the software industry went through a similar experience in terms of trying to figure out how to deal with piracy. In this entry, I examine what I consider to be the four stages of dealing with piracy of digital assets.
I believe that any industry that is seeing a move of their intellectual assets to a digital medium will go through four basic stages: ignorance, panic, protection and litigation, quiet acceptance. This was the case with software in the 80s and 90s, is currently the case with music, and will soon be the case with movies. I suspect that other industries like the professional photography market are facing similar issues currently or have in the past.”
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