But one group of people is loving Blu-ray: Asian movie pirates. The pirates rip Blu-ray movies, then burn them onto DVDs using the AVCHD format, at a resolution that's lower than Blu-ray, but still higher than standard DVDs. The lower resolution means the pirates can burn onto regular blank DVDs, not blank Blu-ray discs, holding their costs down and creating fat profit margins on the $7 bootlegs.

I see news about the health of the music industry as defined by the stock price of WMG or quarterly earnings of UMG, Sony, and EMI every day. What I don’t see, apart from a few articles on Radiohead and Nine Inch Nails, is an update on how the world is changing from the artist point of view.