Perspectives
It's all a matter of perspectives. Lloyd Webber is miffed because he earns royalties from so many artists - he's earning from artists as diverse as Deep Purple, Elvis Presley not to mention his own work's extensive discography
If the music industry invested in staying ahead of the technology then there would be no problem. But the fact is that the product has not changed at all in living memory. It may be distributed on a different medium - but in essence, it's the same old 2 track Stereo audio. The movie industry uses sound technologies that are streets ahead of the music industry.
Indeed the software industry and game industry (also media providers just like the music industry) keep on evolving their products - to build up an excitement.
There may be excitement when the next big band comes out - but at the end of the day they are not really doing anything different.
To me, in the modern world, an Album is merely an advertisment for a musical artists. I will pay top dollar to go and see me favourite artists live. Indeed, I would identify a west end musical as good value for money for people who want to go.
The music industry should be capitalising on the back of the fact there are millions of people downloading music adverts for theire artists everyday. If they gave away the music and weren't so precious about trying to charge people money for listening to the antiquated 2 track technology then they would notice that they could be raking it in from all the other mediums presented.
But instead, they get there dinosaurs to come up with a policy that counters everything the information age is all about.
If the music industry thinks that today's generation are just going to start paying for albums - they are mistaken in most cases.
I am a music lover - in a pre-internet world my income dictated that I could may be an album every other month. There is too much else to spend your money on these days- and on that basis, the music industry will not increase it's revenue no matter what draconian measures are taken. I'll just play more games, or watch more movies - or listen to the countless unsigned artists on the internet that are ignored by the music industry and give away their music anyway in a effort to get noticed.
And here's the rub - they don't bloody deserve to be in business anyway. I was in a commercial band in London - and I can confirm first hand that Hunter S Thompson's famous quote still rings true: "The music business is a cruel and shallow money pit, a long plastic hallway where thieves and pimps run free, and good men die like dogs".