Thursday, January 03, 2008

"Investors beware" of SONY BMG, Warner Music, EMI, and Vivendi Universal, says Motley Fool investment web site

"Investors beware" of "Sony (NYSE: SNE), BMG, Warner Music Group (NYSE: WMG), Vivendi Universal, and EMI", says the Motley Fool investment web site. In an article entitled "We're All Thieves to the RIAA", a Motley Fool columnist, referring to the RIAA's pronouncement in early December in Atlantic v. Howell, that the copies which Mr. Howell had copied from his cd's to mp3's in a 'shared files folder' on his computer were "unauthorized", writer Alyce Lomax said "a good sign of a dying industry that investors might want to avoid is when it would rather litigate than innovate, signaling a potential destroyer of value."

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2 comments:

Daan v. Lith said...

Also note the last few lines of the article, that might be the biggest clue of the last few years. Years where the Major rather ignored or fight then innovate and refresh As I've said before, a good sign of a dying industry that investors might want to avoid is when it would rather litigate than innovate, signaling a potential destroyer of value. If it starts to pursue paying customers -- which doesn't seem that outlandish at this point -- then I guess we'll all know the extent of the desperation. Investor, beware

My blog is full of it: anrtoday.blogspot.com

Alter_Fritz said...

one of the fools wrote:"If [an industry; here SONY BMG, Warner Music, EMI, and Vivendi Universal via their mouthpiece RIAA] starts to pursue paying customers -- which doesn't seem that outlandish at this point -- then I guess we'll all know the extent of the desperation. Investor, beware."

Well, what the fool might have overlooked is that it does not only "seem that outlandish at this point" but that they are already well versed in doing exactly that.

On information and believe Jamie Thomas the women that was slapped with $222.000 is/was an avid CD buyer. So was Mrs. Anderson that was even a customer in Sony Bertelsmann Bookclub where she regularily bought "mostly country" CDs before the industry targeted here unsuccessfull.

So for what my advice might be worth: Investors do not just beware, but avoid SONY BMG, Warner Music, EMI, and Vivendi Universal at all costs.
Instead invest your money for example in the bottled water industry. Those guys know how to "compete with free" contrary to the established Big4 music industry.

(Alter_Fritz does not own stocks in the water industry nor in the other one mentioned [but he has the means to get the "pirated" product that the Bottled Water industry sells themself for "near free" (about 3 EUR per 1000 liter) and yet he buys their Product regularily].)