RIAA Loss Report Contradicts Nielsen Sales Record 348
DerekAtLC writes "In a not-so-surprising twist of the tables, RIAA reporting of 'losses' is a little bit off. An interesting blurb at Ars Technica referencing a Kensei News article points out that Nielsen's Soundscan (Which tracks retail point-of-sale numbers for the music industry) shows a 10% increase in sales from Q1 2003 to Q1 2004. The RIAA has recently reported drops in revenue from last year, citing online piracy as the main problem. The crux of the issue? The RIAA hasn't been talking about sales or revenue in terms of sales to consumers or money generated via those sales. The RIAA talks about losses in terms of number of units shipped to retail outlets. The article points out plenty of problems with this (and reasons why we are seeing the trend), but it is fairly obvious that the RIAA is not reporting the most 'useful' numbers to the public."
Funny numbers?!?! (Score:5, Funny)
OMG! Someone is using statistics to slant an issue their way! OMG!
Re:Funny numbers?!?! (Score:5, Funny)
Brownie points to the person who can identify that quote.
In related news... (Score:5, Funny)
ahhh statistics (Score:4, Funny)
This was obviously a farce from the get go. Mp3's open people up to music they would have never bought, same can be said with libraries and books.
Re:It's not something we can ever get hard numbers (Score:3, Funny)
Oh I get it, they take a loss with every sale, but then make it up on volume.
RIAA is Dying (Score:2, Funny)
It would make a great troll!
Re:In related news... (Score:5, Funny)
Re:Dont forget (Score:5, Funny)
--Joey
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... not to mention mass turbation.
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