The Music Industry Strikes Back | System Shock Ep 2

Watch Parts 1 and 3 here: • System Shock
With music flowing freely over the internet and nobody paying for it, record companies sought to curb online piracy with the help of celebrities, ad campaigns, and a flood of lawsuits. This episode explores how the music industry, the RIAA, and the U.S. Government went head-to-head with the emerging platforms like Napster, KaZaa, iTunes and more in a battle over music rights and money.
#SystemShock #Music #BloombergQuicktake
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System Shock is an original series focused on the stories behind the technology that disrupted industries forever. See the full series here: • System Shock
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[@belizarius_997]

Music industry didnt like the price of 0.99$ per song, so now they’re renting all the songs in the world for 5$

[@stuartburns8657]

Yeah, they had a window of opportunity to adapt and change but didn't. Remember paying £5 for a cd single with a couple of b side songs. Full album was £15 for 10-12 songs. £1 per song would have suited me fine

[@stuartburns8657]

@sneksnekitsasnek oh. Think this was early / mid 90's, so pound vs dollar was around £1 =$1.65(ish) So that album would potentially be in the us $20-25

[@mitchell16]

@@stuartburns8657 ha well it was Irish pounds for us (Euro now), but remember paying IR£23 for some compilation CDs back in the late 90s, ridiculous money when you compare it to now

[@stuartburns8657]

@@mitchell16 Yeah, ridiculous indeed. I think with the iTunes thing, I wonder if the record labels would have been better insisting that albums remained, but the whole album for say £5? Still, done is done

[@h1inc816]

@@stuartburns8657 it really should have been $5 per song and $20 per album. You would be paying for the convenience of having an online catalogue accessible anywhere vs having to go out to a store and buy a cd that could break. They should have done this model instead.

[@DunnickFayuro]

The thing that always bothered me about this "piracy" thing is the hypocrisy of the RIAA. Even to this day. It was *never* about the artists and their income. It was about their *profits* They never cared about the artists unless they bring in money. I can agree with paying 99 cents for a song; I can't stand that only 0,01 cent of it goes to the artist. Their fight is not about the artist.

[@sperzieb00n]

its even worse, in the early days of spotify anyone could easily get 0.50 dollars per play, and now you can call yourself lucky if its 0.00437 because spotify basically pays lots of ransom to warner for stupid reasons.

[@FurEngel]

Agree. It also exposed their flawed business model: they wanted to sell you 12 songs at once, where only 1-2 songs were decent and the rest was filler. Most "new" artists fell into this scam.

[@tgrules565]

@@FurEngel Who's to say what songs are 'decent' and what songs aren't? Artists write albums to tell a story

[@skylineXpert]

@@FurEngel You said it, and the worst part: new artist makes loss and their loss get offset by taking from those that make money

[@roberttrisca8210]

u heard it from them (in ep 1), records are printing money. the whole idea of illegal and llegal is so obsure. the whole idea of policing data is fucking retarded.

[@skatetoexplorevideos2477]

Rumor has it that he still has 6-7 thousand songs on his PC.

[@anarchocommunist3888]

ngl thats definitely me when i have six or seven thousand mp3s

[@spotifyseascapessmoothjazz]

And most of them sound like crap 😂

[@skatetoexplorevideos2477]

@dota vinkz nice! all of this stuff reminds me of those old white weird looking PCs. we've come along way.

[@oxdhaoxt3694]

Lol I still have over 3000 song I got on limewire and bearshare on my iTunes library

[@Sadik15B]

6000x 3mb is 18gb, at that time 3 gig hdd was a fortune.

[@captaindishman9126]

I'll never forget seeing Lars on TV telling me what program to use to download music illegally. Thanks Lars! You saved me thousands!

[@puffdaddy69]

Anyone else binging these episodes? :)

[@umachan9286]

You have to realize that part of the reason Napster was so popular is often times you wanted one song from one album and you didn't want to buy that album to listen to it. Napster made that possible. Had the RIAA or the record labels made $1 downloads available at that time where you could actually keep the music and play it on whatever you wanted then a lot of the drama wouldn't have happened.

[@mechajay3358]

That's exactly what iTunes did. Napster were ahead of the curve.

[@umachan9286]

@@mechajay3358 By that point the genie was out of the bottle and the problems with the music industry continued. Especially considering you had to go to several different places, with different prices, structures and formats to get all the songs you wanted. Licensing is really a bitch.

[@StoicContrarian]

I want to say that was the reason but every song on Metallica’s early albums were great and people still downloaded it.

[@prodbymef1537]

"No It's not stealing you're just taking some songs that you find interesting.....and seeing what's up"🤣🤣🤣

[@stachowi]

Haha haha I found that the best line too

[@Noaaaaaaaaaaaaaaah]

lmfao perfect justification

[@rohitghali]

It's still not stealing. You don't give music CDs to your friends for them to listen? Here you're just giving the MP3 file to your friends to listen.

[@azharcassim2795]

It was at this moment that the men in suits realised wait a second, these youngsters are a different breed all together. LoL :)

[@AntKnown]

@@rohitghali its pretty much still the same thing though, its like you're saying its not your fault that you stab someone but you blame the person you stabbed for running into your knife.

[@Cdm572]

FBI: Why did you take the music Me: Kazaa can

[@puffdaddy69]

Limewire too

[@rick_terscale1111]

Napster too

[@LogicalArtist]

Bearshare

[@ramanjeet1111]

anybody can

[@hacker010010101]

thank you bloomberg, getting smarter with quality journalism feels fucking great

[@itsover9008]

Yeah but they're pretty commie.

[@roberttrisca8210]

or so you think.

[@KAOST1ST1C-FN]

Don't swear it's inappropriate and hurts my feelings 😭😭😭😭

[@FurEngel]

Artists from the 90s didn't get paid for record sales, the big losers were the labels.

[@cheekoandtheman]

After all the evil things the record industry has done to artists it hard not to enjoy them suffering

[@ramanjeet1111]

bang on target........karma strikes back

[@udlx]

Parting Quote: "How do I feel about it? Crappy" ... says the guy on a $17,000 *couch*.

[@Adam-en4zm]

Yeah, really hard to feel sympathy for these execs. Purposely slowing down innovation to continue to screw both their customers and the artists in the name of profits. What a shame.

[@rasmus-kors]

To witness how far Metallica has gone, from fighting against the flood of MP3's to a complete 360 of publishing every single live gig (WITH ALBUM QUALITY MP3'S), the laws of nature still work - 1) you can't fight against nature 2) only constant is change 3) the one's who survive are the one's that embrace change and adapt.

[@neil340]

"Can you name more than 1 Vanilla Ice song?" That's a bar bet!

[@Ichijoe2112]

Im going to have to take a hard pass on that one.

[@StoicContrarian]

Ninja rap, go Ninja go 🥷

[@JoeDiVitaMusic]

Havin' a Roni

[@thegrantkennedy]

Napster introduces me to so many bands and genres that I wouldn’t have otherwise been exposed to

[@hjames78]

Exactly! I was a kid that listened to nothing but rap. If not for Napster i would of never tried other types of music now i listen to everything till this day. Those bands and artist should thank Napster lol

[@davedaniel4824]

and you never compensated them.

[@stachowi]

That’s a cool story but that musician never made a living from it

[@stachowi]

That’s a cool story but that musician never made a living from it

[@wavyy]

@@davedaniel4824 He wouldn't have bought their CDs anyway so they didn't make a loss from him. Maybe he even went to some concerts or bought merch from artists that he discovered with Napster, people often forget this aspect.

[@JeremiahTrue]

I was in college when this happened and Naptster was huge on campus. I remember when it was shuttered and Limewire came out. I had bought too many CDs for 1-2 songs that I liked to justify the cost when the rest was trash. I actually bought a bunch of CDs because of what I found on Napster once I knew the album was worth it. Apple music was a decent option for what it was and I don't mind paying for Spotify now but do miss the "Wild West" of that time

[@zoazorusson]

Napster, Winamp and 128k MP3... those were the days...

[@zoazorusson]

also we all learned that Lars Ulrich was a conceited douchebag... lol

[@AneudiD78]

The most my dial-up cranked out was 2-3kps, 4kps on a rare day. And it took me a few hours to download 1 song, lol.

[@969thewhip]

I still use Winamp once in a while.

[@kaysha]

I remember this era. My record selling business got hit hard, but because my music was on every computer, I did 5x more shows per month. Especially in places like Africa or all around Europe.

[@orlock20]

Recorded music is just an advertisement now, especially for artists signed to labels. Artists that sign up with labels should understand this and stay away from 360 contracts because it's the publicity that helps make the "real" money. For instance Beyonce doubled her wealth with that Pepsi contract and Dr Dre made several times more money sealing his share of the company Beats than he did from recorded music.

[@izazulhaqueeffendy3118]

@@orlock20 I am going

[@Lumumba_00]

Very true Kaysha. I was there when you came to Manchester a few years back. Feels like ages ago.

[@h1inc816]

@@orlock20 you are missing the point. Before record sales gave artists a bigger premium simply because you HAD to buy the entire record for $15-20. The Vanilla Ice example is perfect, he made millions from record sales for just 1 hit song, then millions on tour. In 2020, music sales/streaming are worth peanuts and the only way artists can make money is via tours. This is why businesses hate freeloaders

[@orlock20]

@@h1inc816 While padding existed, music artists mostly got screwed over when it came to recorded music. Also people could always buy singles rather than the whole album.

[@dijoxx]

RIAA would also upload corrupted files to P2P sites and do other dirty tricks in attempts to prevent people from accessing the music. I think you should have mentioned those for a minute or two.

[@xredrum41x]

I use to hate that.

[@quantumhelium]

I can still hear that KSSHSSHSHSHHHHSHSHSHSHSHHSH sound... FML

[@quantumhelium]

@Patrick Baptist PRINCE OF INDIA

[@matt_the_man9831]

If Napster was a crime, Spotify is a bloodbath massacre

[@desaturated6049]

no, it not. Spotify sell ads and subscriptions.

[@matt_the_man9831]

@@desaturated6049 🤣🤣🤣🤣

[@WegrennerX]

Just a better and more fair businessmodel overall. Record companies should never have made the amounts of money they made back in the days.

[@matt_the_man9831]

@@CrisisRadio Not at all, I used Napster as a teenager

[@matt_the_man9831]

@@WegrennerX As a personal experience, I can guaranteed that KZbin is way more fair than Spotify. Out of curiosity, how much an artist make for a song being played 1 million times on KZbin versus Spotify???

[@LegendaryfromTCI]

8:44 Wow, A music exec saying it was theft of intellectual property. Isn't that what all the artist say, yet they hold onto the musicians masters aka back catelog for decades and continue to purge the artist for everything their worth.

[@rage7168]

And they release some of that back catalogue when the artist dies just to profit from their demise.

[@DarkShroom]

furthermore they take one guys work and let some annoying twerp like Timbaland sample it and take credit for it ... if he's a big rap guy bringing them in bucks, he can just sample what he likes

[@issiewizzie]

With Spotify I can find almost any song I'm looking for . sadly thats not the same with most video streaming services.

[@sperzieb00n]

don't support spotify and pirate the music instead, that company steals nearly all the income from artists just to give it away to one of the big american music labels

[@itsover9008]

@@sperzieb00n Exactly. Instead donate directly to the artist if possible.

[@zubairshah1612]

Same soon to follow in there too Starting from torrents to plex there will always be something

[@capnsteele3365]

@@itsover9008 no

[@ADeeSHUPA]

@@zubairshah1612 Indonesian

[@japonesa5186]

The “industry” should’ve leaned in and invested... look at Apple, Spotify and Tidal now

[@hjames78]

And how were they supposed to know back then? Were you around then? You wouldn't of known. All you would of known was your product was being stolen and you would want a stop to it

[@itsover9008]

@@hjames78 Artists weren't getting anything. It was the rich extortionist publishers who were trying to protect their profits. That's why they couldn't adapt.

[@rooky102]

Tidal IS the record industry trying to get into the space.

[@Zippyser]

@@hjames78 Nah dude the writing was on the wall, it had been for a more than a decade. Adapt or die as the saying goes.

[@Dustie1984]

@@hjames78 It's would HAVE. Where did people get "of" from, did they not go to school?

[@jonseres]

Big respect to Hillary for walking out on the RIAA.

[@robinyilmaz1155]

Once again, removing supply but not demand, will simply create more resilient supply

[@capnsteele3365]

I thought they were business people yet they never understood all that led to was Spotify in the downfall of CD

[@hemangchauhan2864]

Could you please explain this further?

[@onursarikaya1385]

Tbh, American boy is the only song of Estelle I know

[@Ichijoe2112]

Yes but, as someone more vested in Album Orinated Rock, and Country Music... Who the f**k is Estelle? And, why is she so intrested to find an American Boy, I can only summarize that she must have came from one of those Sh*thole Countries, that we heard so much about lately. And was looking for an easier way to migrate to this Country.

[@user-tq9bw3tv4n]

@@Ichijoe2112 huh

[@LazerC4]

Also cannot forget about the tech companies that sold MP3 players for on the go listening!

[@Charlie-zj3hw]

Now mp3's are garbage...We prize the 24/96 FLAC's

[@puffdaddy69]

Mp3 players were go-to gifts when I was growing up, needed to have one

[@ascgazz]

@@Charlie-zj3hw you are in the extreme minority with that comment.

[@Charlie-zj3hw]

@@ascgazz You say that because you don't own a real stereo system and only listen through your crappy cell phone..There is a huge difference between lossless and lossy..I run a huge music sharing page i have thousands upon thousands who agree with me..Don't come at me spewing crap when you don't know crap ..Have you ever owned a 24/96 FLAC?

[@SlinkiestTortoise23]

@@Charlie-zj3hw MP3 is the OG!

[@alejandrosantiago8230]

The WINAMP program instantly struck nostalgia.

[@Ichijoe2112]

Mores the pitty that the iPod missed Napster by a few years... T_T

[@mavenfeliciano1710]

@@Ichijoe2112 there were still other file-sharing P2P sites though. I remember my first original iPod. Was a later generation as the first generation was expensive, just as all of their products are still overpriced today.

[@naeemulhoque1777]

make documentaries about "History of Torrent" and "History of Bitcoin" 💝

[@HipHopShowRoom]

It's so funny to look back on this and how they acted. Omg, Lars going on that rampage is unreal. I'm glad people were smashing there albums up in the street. It was making there music accessible to way more people and would ultimately drive all other sales up. Like live shows and merch. The label made all the money from record sales anyway so it's just insane they were going on like it was stealing from the artist. Great series this man, looking forward to the last one! Stay safe everyone x

[@capnsteele3365]

I'm happy that Napster did what it did because I could not imagine the world I have to pay like money for the amount of albums I have in my Spotify playlist I did the math and it's over 100 to $200 like not I don't got that money

[@mavenfeliciano1710]

@@capnsteele3365 I used to really be into music, and the amount of money I would needed to for the songs would be in the hundreds of thousands or even millions.

[@taylorfenton3960]

You’re very right. But I do understand trying to hold onto whatever crumbs they get.

[@Cloudsurfer69]

@@capnsteele3365 same!! Napster truly changed how we consume music. A revolution! To think some guy and uni shook up and transformed one of the biggest industries of the modern world. We are all better off for. Consumers snd creators!

[@Cloudsurfer69]

@@mavenfeliciano1710 gosh so true! Can you imagine!! It would be awful. Amount of money I spent on music to lose it somehow is staggering lol:

[@penpithmind1941]

21:46 I'm not downloading anything ever again. Not even screensavers 😂😂

[@leoSaunders]

5:55, 8:27, 9:03, 10:45, 11:49, 14:30, 15:27, 18:16, 19:29 22:25 recouping my losses by downloading overtime lol great 90s shots. best decade

[@Tiger1x1]

Historic Series like this make me respect such channel...i really appreciate your work and storytelling. It was nostalgic, technical, political, and passion of music a perfect blend. just felt like having an old wine..

[@brettzke]

Biggest problem I had with buying music was that the industry thought that it was ok to charge $20 for a CD and this was in the 90's. A lot of artists made so much money that they put out albums and wouldn't even bother touring. I downloaded music for over 15 years and finally monthly subscriptions come out. I don't mind pay $120 a year for whatever music I feel like listening to.

[@brettzke]

@@CrisisRadio I'm Canadian, so maybe that equals $16 in Canadian "pesos" (jk), but my foggy memory remembers $20 for a CD.

[@feeltoofree]

22:23 I like the way this dude thinks lol

[@armyofninjas9055]

Because of Lars I will never quit filesharing.

[@WegrennerX]

Lars is just a major wanker. And very mediocre drummer.

[@LureThosePixels]

11:06 - this man single-handedly embodies the 90s-00s

[@ShaudaySmith]

ITunes really helped push the music industry forward. I hated buying whole cd's when it was such a rarity to like more than 4 out of the 12-15 songs on the whole dang thing. ITunes was the great equalizer that brought down this inflated executive industry. It is interesting that the approach to song writing changed as good artists no longer built these thematic collections for albums. Collections reduced to 3-6 song explorations and singles. Music output becomes faster as artist no longer need to cultivate a certain album number, they can just release as they create. If they want to hold off and create larger album listings, they can, if they want to turn and burn that's fine too. It's all about options and choice. That's all it's ever been about for both the consumer and professional.

[@ericcarabetta1161]

I haven't paid for music in over 20 years.

[@VENUEATHENS]

me too.. 😂

[@vampyrelycan99]

I actually paid more for CDs. That's because of all these P2P "pirating" boom which has given me the opportunity to sample more music, before deciding on a CD purchase. Otherwise, I still get to keep the files (mostly FLAC these days).

[@kriskropd]

"Wassa, mang? I's wondering is you haf any mp3s on you're puter?" literally everyone: dead_pan_stare.jpg

[@puffdaddy69]

*Limp Bizkit plays in background*

[@misophoniq]

According to the dictionary (at least over here) "stealing" is "taking something away with the intent to keep it for yourself". When you download music, you are not taking away anything, you're making a copy. The original data is still where it was. Furthermore, most people who download music have absolutely no intention of keeping it for themselves but like to pass it on to others.

[@DennisJrgensen]

What's hypocritical about Lars Ulrich is that before MTV even heard of them, they played station concerts, just because people was copying tapes and spreading Metallica word to word and tapes to tapes

[@veilenedream5825]

yes exactly. i still prefer tapes due to the accessibility and how easy the are to duplicate. plus you can record over stuff 100 times. and there's no digital evidence either ;). metallica was stupid

[@DarkShroom]

​@@veilenedream5825 actually that's sort of ironic because you can actually recover tape recordings, you can't recover the memory from a solid state device not that anyone is likely to be checking through your tape collection lol

[@carpediem4887]

Tape really is a great format

[@business]

We’re launching a brand new series for 2021 called System Shock. This season is about the rise of the mp3, iTunes, streaming and the disruption of modern music industry. Click here for more episodes: kzbin.info/aero/PLqq4LnWs3olWZfE2J2rlb-vOq0c-U23nZ Have an idea for a future season? Let us know in the comments!

[@cmcbride17]

How the Phone evolved, turn style phones, to brick car phones, the flip phone and now it's practically a go go gadget device. Next will be the bio implant Neurolink. What was once science fiction becomes today's products.

[@vindo17]

gaming industry and/or esports

[@dimasbaskoro8150]

The rise of AI or neural network

[@ossumopossum]

Would you download a car?

[@LIETUVIS10STUDIO1]

The death of the typewriter

[@skylineXpert]

I remember the days of bearshare clear as glass. It almost fried my pc. You could even get copies of games like GTA and hollywood movies.

[@maman89]

Its so hard to feel sorry for a bunch of record exes basically adds nothing to the table other than making “deals”.

[@stephcurry2350]

Ah... this takes me back. I think it started with Napster, then Kazaa, then LimeWire.

[@johnmadison3472]

Don't forget Bearshare.

[@shootermcgavin3858]

Hilary Rosen has morals and ethics... her family must be so proud of her! We are!! Thank you Hilary Rosen

[@clintgolub1751]

In retrospect, this was such a classic example of large industries becoming complacent and crazy antagonist toward any change that would threaten their way of doing business.

[@feeltoofree]

"Can we make apple really great again..." Hmmm where have heard that before, I wonder.

[@gallectee6032]

Bernie Sanders?

[@dm2060]

Make covfefe coffee again.

[@Supraking12]

Well, Apple really was in a bad situation

[@Ichijoe2112]

@@Supraking12 And, had they not decided to make the iPod, we probably wouldn't have an Apple in 2021.

[@DarkShroom]

Napster was so awesome... what made it feel all the more special was knowing you where bringing down the music industry while using it 😂

[@PuthSardaraDha]

Memes are the new Napster. Comics need to be protected!

[@brunodosreis]

Says “Uhm no, it’s just a few songs” as he’s casually downing 2897 files 😂😂😂

[@erfanrahmani]

I can vividly remember those days. Kazaa did me alot ot favor.

[@StephenReynoldsIlioes]

Those were the days

[@BatCountryAdventures]

Aww!!! Winamp!!! That brings back memory! All the crazy skins and visualisation you can have!

[@antonkrog843]

"Why is all the cd's gone" Jack Sparrow

[@20_percent]

Technology moves as fast as I go to the store for beer

[@dijoxx]

You still go to the store to buy stuff?

[@20_percent]

@@dijoxx ok😂😂

[@AnsemUchiha]

Your fridge doesn't automatically order beer for you

[@MrGone0608]

19:23 i remember the news back then, "the Music Companies spent 1 Billion usd to get back just 100k from piracy" making the authorities waste time and money that could be used to chase real criminals.

[@L8rCloud]

What did it for me was when some of my CDs were scratched. I had to purchase the rights to the music all over again just to replace it when the CD was probably only worth less than 50c. So their argument that you were paying them for the music rights went out the window - from that point on IT WAS OPEN SEASON.

[@jarodcole1678]

i remember this and the court ruled against the article stating that sites are not responislble for what its users say or do. so what about facebook and twitter today... hmmm

[@veilenedream5825]

they're chanting "don't steal the music" pretty out of time for a bunch of musicians

[@miamiangelo]

is noone gonna say anything about steve saying "make apple great again"

[@legolam8876]

If I can buy an CD, download it onto my computer legally then give the cd to a friend who downloads it onto their computer legally then what's so illegal about p2p file sharing?

[@vampyrelycan99]

There will be disputes regarding fair use and such...

[@connerd1313]

@10:35 there are already dozens of new napsters websites lmao bout time 99'

[@Kylefassbinderful]

I'll never understand destroying something that you paid for.

[@Phlegethon]

Independent artists like Tai Mai Shu who just wants to perform some free style beyond repair

[@mechajay3358]

The music industry going after individual people and fans but not the service they were using was the dumbest decisions ever made.

[@capnsteele3365]

Yo they were not thinking like they were stupid. imagine going for the individual like did they expect that to turn out right do they not know human behavior

[@msb3235]

15:20 I love they also include Steve Jobs's "One more thing..." Stevenotes!

[@wooloosus6866]

23:57 Oh man I remember that place! I went in there to get headphones a lot. I really hated that store though, I was kinda glad when it closed.

[@MusicaX79]

I love how this glosses over how INSANLTY bloated the music industry was pre Napster/iTunes. The culling that happened as a result of iTunes giving customers the ability to pick and choose was an extremely long time coming issue. If it wasn't ITunes something else would have caused it, I wouldn't call it an economic bubble but an industry bubble.

[@alxisl]

I’ve never really bought an album

[@ryukiT3]

There is still a huge Tower Records store in Shibuya. I'm fairly certain Japan is the only place that has tower records left in world. does anyone know of any other surviving tower records stores?

[@de132]

The only Tower Records stores in existence are in Japan at this point. The Japanese Tower Records were a different company than the Tower Records in North America and Europe. The Japanese one licensed the name, and thus didn't die out.

[@ryukiT3]

@@de132 and they, for some reason still buy CD's

[@TheDeadFlashYT]

There's a store here in Mexico were I live called Tower Records. I don't know if it's still part of the original corporation or something, but I still buy some CD's and Bluerays there

[@mosessupposes2571]

They’re pretending that unbundling songs on an album so people could just buy singles was some new and bad deal. Way back in the day of vinyl records, many millions of singles were sold in 45rpm format. Each one cost a dollar, just like iTunes. The music publishers made a fortune with that business model. Unbelievable that record companies would whine about someone who wanted to pay a dollar for a song rather than steal it.

[@YouTubeMonkeyWrangler420]

Keep producing content like this. This is fantastic! Very well done.

[@gabrielrobinson6987]

2:45 eep, time to get rid of math, because knowledge is power.

[@mitchell16]

Amazing documentary series Bloomberg, fair play! 👍👍 Really enjoying them

[@miomimomiro]

15:30 -> the ONE and ONLY reason artists release only a song or two instead of albums. There’s no ”people don’t like to concentrate as much as back in the days with a physical album” or some bullshit

[@tanveerhasan2382]

I mean most albums are 70% fillers anyway

[@pooglechen3251]

22:25 "I think close to a thousand dollars to the RIAA. But in the end I ended up recouping my losses by downloading overtime and doubling down." Dar be a true pirate, yaaaarrrrrgggg! 🏴‍☠️🦜🏴‍☠️

[@mavenfeliciano1710]

FACTS! 💯

[@martin2514]

So the machine went into over drive to save their money!!

[@ingislakur]

Lime Wire was my jam

[@MrArtofdying9]

I'm the guy at 6:32 i could never listen to them when they did that

[@Tormund_Giantsbrain]

Steve Jobs was wrong actually, he thought the subscription method won't work. That pushed Apple back in the streaming game for years.

[@JV-nl7lh]

Cause and Effect...you take advantage of the musicians and consumers for so long that you didn't see the greed wave you were riding breaking on you.

[@uYahbonaEmbo]

Napster started the online music revolution

[@LudosErgoSum]

0:59 Hungry eyes lol

[@iamfinky]

This is a great documentary. Thanks guys.

[@danedoes8532]

Remember going to London as a teen and spending hooours at HMV and VRS it was unlike anything I had ever seen before.. It was amazing! But back home in Denmark, me and some mates from school would usually hang out at the local Stereo Studio listening to CD´s after school, during breaks, or when we were supposed to be at class:) That´s some fond memories right there!

[@hamobu]

Copyright infringement is not stealing but copying. When you steal then something is missing from somewhere. When you make a copy then nothing is missing.

[@carmatic]

13:40 Make Apple Great Again

[@johndonaldson3619]

"A million artists and a million record labels in the music game' - and now music is totally worthless

[@dejamate]

Great content Bloomberg. Please keep it up.

[@nikitagavrilovru]

0:40 Nadya thank you for the comment.

[@thedappercook]

The 90s and early 2000's were incredible. I wish every kid these days could experience that time. Magic, absolutely magic. As for Lars, well he almost buried Metallica after that.

[@thedappercook]

@@seventhsix weren't we all man.

[@RebuttalRecords]

To be fair, hardly anyone bothers to go to a library anymore to read or borrow a book to learn something, because they can easily do all that online. It's called progress.

[@ramosman0469]

yes, progress helps society grow and change.

[@shasmi93]

My dudes TOOL didn’t give up till like last year lol. I respect the long game.

[@pokepress]

The ill will from this era casts a long shadow. I feel there is a significant portion of the population that still doesn’t have a good opinion of the music industry, and that there is a sizable portion of the music industry that doesn’t recognize that (probably in part due to social media echo chambers) when asking for higher payouts. Abstractly, I’d like to see more money go to artists and writers, but these burned bridges still need to be addressed somehow in order for that to happen.

[@x_mau9355]

Musicians can still earn for their work doing public performances. I've never have been paing for one "recorded note" since 1999.

6:06 So that's why he didn't have the time to get a drum set fro Saint Anger. Interesting.

[@brandon8900]

Poor industry execs... Could fill their indoor pools with their tears.

[@sandyjust]

After 20 years I am still buying CDs

[@capnsteele3365]

Cool