Isn't it silly that in this day and age, music is still so regional? The major record labels must be losing billions of dollars due to iTunes stores not having all the music that people want to buy, the territorial restrictions on YouTube/VEVO, and so on. There is massive demand for Asian music but in the western world it is ridiculously difficult to obtain it legally for a fair price. Not to mention they make it painfully difficult for fans to spread and promote the music they love. And there are numerous other examples for other genres of music.
There are of course ongoing efforts to make the music industry truly global. The UK
said goodbye to their age-old tradition of making people wait for weeks before they could buy the music that was already playing on the radio. These days the biggest songs are immediately available worldwide rather than first in one country, then another, etc. But I feel like the progress is not fast enough. There should be no reason for these companies to deny people the music they want to consume, whether it's streamed or in an online store, just because they live in another country. It heavily promotes piracy and it hurts the artists.
What do you think? What's the upside of these labels still thinking in territories rather than simply "the world"? How long until the industry is truly global?
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7/12/2012
, what is that nonsense? 
