Recording industry's missteps. "While movie companies escort happy customers to newly-installed recliner stadium seats, the music companies escort their biggest fans straight to the courthouse. There is only so much time for entertainment in a busy day, and people will spend their leisure where they meet the path of least resistance.
In contrast, the movie studios saw the threat from pay-per-view cable and satellite in 1997, when DVDs first arrived here, and slashed prices immediately. DVDs started between $19 and $24; today hundreds of great titles are available in the $10 range. With "Pirates of the Caribbean" still taking in great business in theaters, a two-disc DVD version will arrive before Christmas for $18.
Music companies stood by while one of their primary conduits to the public, radio stations, consolidated and grew numbingly homogenized. The variety of music stations offered to the public shrank drastically. Many listeners in their 30s and 40s gave up on trying new material... In the 1990s, the movie industry increased its product outlets across a wide range of styles. Multiplexes overbuilt to the point of bankruptcy, but the result for the consumer was convenient playing times and a near disappearance of daunting ticket lines.
Threatened over the past decade by various forms of piracy, the movie industry chose to go after profiteering international crime rings while letting the local cable companies take on illicit home descramblers with low-key enforcement action... The record labels, not satisfied with infuriating a younger generation with high prices and legal threats, is now enraging clueless middle-aged parents forced to pay $3,000 to $15,000 settlements over individual downloading lawsuits.
Most of all, spend less on lawyers and more on creative thinkers. You can't subpoena success."