The False Mathematics of the RIAA (An Analysis of P2P Losses)

If you are interested in the P2P music sharing debate, I encourage you to read Barry Ritholtz’s post on the subject. In a nutshell, Ritholtz suggests that by authorizing Napster To Go and Rhapsody subscription services, the maximum loss that the industry can claim per person is a mere $1000 per decade. He makes many other points that I’ve made on this blog for years — the musicians make their money from concerts not CDs, that much of the music downloaded would never have been purchased anyway, etc. It’s worth the read.