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Copyright Industry Getting Slaughtered in the Stock Markets

By DrewWilson

The copyright industry, namely the RIAA and MPAA, have said for years that file-sharing has caused the industry billions of dollars and loss of hundreds of thousands of jobs. Now, the stock markets have shown that there are serious questions being raised about whether or not we are headed in a global recession - so how is the copyright industry holding up in face of economic uncertainty? There are those that suggest that the downfall of the copyright industry is the direct result of file-sharing. Now, the dominant headlines all week in big media have been how massive sell-offs in the stock markets push the world-wide economy into a potential global recession. Since the copyright industry companies are on the stock exchange, let's take a look at how well they did in times of economic uncertainty. RIAA Members One of the big four major record labels is Sony.

Full post as published by ZeroPaid on October 10, 2008 (boomark / email).