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Press buys recording industry’s bogus line

Members of the Recording Industry Association of America (RIAA) are surely beaming after the invaluable press they received around the nation yesterday — free of charge — thanks to the Associated Press. SLASHDOT points out that an AP story picked up by many national outlets erroneously claims to have proof that Napster hurt record sales in 2000.

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2/21 – Marx for the anti-globalist The AP indictment of Napster hinges entirely on one single piece of evidence supplied by the industry: Sales of CD singles fell 39 percent in 2000. AP fails to report, however, that CD singles account for a measly 1 percent of the RIAA’s profits. Sales of full-length CDs, which make up 92 percent of the RIAA’s profits, increased 3.1 percent, or $400 million over 1999. (In 1999, Slashdot happily points out, Napster seems to have dramatically helped the RIAA — it cost the industry “negative $1.4 billion.”) SLASHDOT goes on to look deeper in the numbers and finds more important info glossed over in AP’s story.

The AP report, which “reads like it might have been ghost-written by someone from the record industry,” may well help the RIAA in its ongoing fight with Napster. Since the beginning of the fracas, the industry’s maintained that Napster has illegally cut into its profits and caused it “irreparable harm” by letting people trade music online.

Read the SLASHDOT article here.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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