$5.10
-0.19 (-3.59%)
Warner Music Group Corp. (WMG)
CAPS Rating:
A music company. The Company is composed of two businesses: Recorded Music and Music Publishing.
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Now that Napster is gone, music piracy is a thing of the past. They should now have no problem selling overpriced CDs to the gullible youth market!
Ever heard of Limewire, KaZaa, Morpheus, Aimster, Audiogalaxy, or Bearshare? They closed napster but 5 others came into its place....and its not just mp3's that they are pirating! Music videos are more popular downloads than ever....
As I read the first sentence of this post, I thought to myself, "Who is their right mind would think that the dismissal of napster means the end of piracy...definitely not someone who has any sort of relevant technilogical knowledge". The second sentence confirmed as much with the "gullible youth" market. Napster is a thing of the past, and Limewire, Bearshare, and all the other filesharing programs are the move of the future, not to mention iTunes. The problem with the narrowminded elderly community is that they aren't gullible enough to believe that new inventions and technological innovation are going to change the world. I have news for you OneStarHero; WMG doesn't sell vinals, but they might as well, given how antiquated traditional music production is in todays markets...WMG is dead
WOW!! It seems to me that the youth of today are pretty bitter of the "elderly community's" view of them...and they can't spell either. It's vinyl you "gullible youth".
Makes you feel old, doesn't it? I actually remember buying vinyl LP's as a kid! Not only can't they spell vinyl, most haven't even heard of it.
In the UK, sales of new vinyl records have increased significantly in recent years, somewhat reversing the downward trend seen during the 1990s. For disc jockeys, vinyl has an advantage over the CD — direct manipulation of the medium.
Either way....this stock is a loser!
Heh heh... not so fast. I burn CDs from all sorts of people all the time.
Right now I'm listening to "When the Levee Breaks". I got the Led Zeppelin IV CD from the library.
You are the gullible one
Not true, I'm a dj. There are programs like VDJ, Serato, and Deckadance that let you directly manipulate any medium, including CD's, Vinyls, and yes, MP3s...You can DJ with mp3s... how will that effect the market?:)
Do you guys not get the joke or what? He's being sarcastic, he's the "OneStarHero."
CD's! Are you nuts. CD sales are on a worse trend than the US dollar. If you're still talking CD's you shouldn't be investing in this industry, and that goes for all of you who hit recommend.