Direct Brands Inc. is the largest direct-to-consumer club network for books, DVDs and recorded music in the U.S. The company is home to such market-leading book, DVD and music club brands as Book-of-the-Month Club, Doubleday Book Club and Columbia House, among its 24 multi-platform businesses, as well as several other special interest and lifestyle book clubs.
But, suppose Antigua does in fact proceed to make U.S.-copyrighted movies and music available at nominal or even no cost to anyone in the world with an Internet connection.
Given what's happened to the U.S. music business since--slumping sales every year since they peaked in 1999--it all seems like a distant world now, with Yetnikoff a relic of that bygone era.