Mike Masnick has a great new study about the growth of the entertainment industry. The large movie studios and record labels complain to the media and to Congress constantly about what they see as the negative effects of the Internet—specifically, illegal file-sharing—on content companies.
For years, we’ve been hearing doom and gloom reports about how the industry is dying, how customers just want stuff for free, about analog dollars turning into digital dimes… and (all too frequently) about how new laws are needed to save these industries.
Yet, what we find when looking through the research — from a variety of sources to corroborate and back up any research we found — is that the overall entertainment ecosystem is in a real renaissance period.
The sky truly is rising, not falling: the industry is growing both in terms of revenue and content.
Read More At: The Sky Is Rising: The Entertainment Industry Is Large & Growing… Not Shrinking
