Joined: Thu Jun 06, 2002 7:26 am Posts: 4839 Location: In your head rent-free Been Liked:582 times
In 1999, most music was "shipped" on a cd and there is a big difference between "revenue" and "profit." I'm sure that after costs, "shipping" a bunch of music via the internet (download) is much more "profitable" even if revenues are less.
Joined: Fri Dec 02, 2011 12:38 pm Posts: 6086 Images:1 Location: Redmond, WA Been Liked:1665 times
Understood. I don't think anyone believes that their profits are the same with 50% less revenue though. The execs are still making good money, but not like they used to.
Joined: Thu Jul 17, 2014 12:17 pm Posts: 244 Been Liked:57 times
'Creative accounting' , 'lawyer doublespeak' and dry wall texture cloaks much sin.
I bet they made more.
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