Old-industry bootleggers complain about sagging sales

In a classic case of irony sent on by Greenleaf commenter Mike Grimaldi, “Scorpio” talks about the golden days of smash hit bootlegs and how the Internet has ruined his business.

From NY Mag:
The music industry took another tumble in 2009, with CD sales down 12.7 percent from 2008. But the shadier, shadowy side of the business has been equally decimated. At one time, as many as 75 unofficial bootleg “companies” existed, illegally cranking out LPs and then CDs of hard-to-find studio and soundboard-jacked live recordings by the Beatles, Bob Dylan, Phish, Pearl Jam, and other rock icons. Some, like the multidisc Dylan Ten of Swords box, are considered classics. Although it’s impossible to gauge exactly how profitable this quasi-industry was, the four-decade-old bootlegging biz generated millions of dollars globally. But now, this old-school method of illegal music distribution — one of rock’s most illustrious if illicit traditions — is being destroyed right along with the legit CD, all by the new-school method: the Internet.

I remember back in the day paying $40 for a “rare” Pink Floyd bootleg set. Hard to imagine doing that for burned CD-Rs now.