It marks up every CD a few dollars and at the end of the day a lot of executives get rich. Oh yeah, this is also the same industry that recorded over one billion CD orders for the first time in its history in 2000. All in all, the numbers say that Napster hasn't quite pushed the industry to the verge of bankruptcy as the record companies might want us all to believe. According to the Soundscan tracking company, major label record companies moved around 600 million units in 1996. In 2000, even with the spectre of the Internet looming, the industry sold 960 million units.
Business is, in fact, on the rise.
And business is bound to keep booming as long as the strong arm of the law keeps them music rustlers out of the industry's thirsty, profitable cattle herd. Please include you full name, address, and current phone number so that we can verify the letter's authenticity. Keep letters under 300 words .