RIAA Bombs the Village
If stupid has an address, it's at RIAA HQ. They are letting the copyright board go forward with the new internet charge rates, which will simply kill most of internet radio. Via CNET:
Barring a last-minute industry compromise on changes, new royalty rates that Internet radio operators argue could cripple their services are slated to kick in Sunday.
This s one of those fascinating disconnects between fantasy and reality. The RIAA apparently believes that (insert huge amount of money here) is available for the taking from internet radio. What they don't realize is that the actual amount of money available is (insert much smaller value here), and that the effect of these rules will be something like (insert zero here).
I guess they skipped the section of elementary school math where they explained magnitude.
Comments
Where's the profit?
[James T. Savidge] July 12, 2007 15:07:44.969
Mr: Robertson wrote:
"The RIAA apparently believes that (insert huge amount of money here) is available for the taking from internet radio. "
I'm inclined to believe that they might be thinking that there is more money to be made if they kill off internet radio. If they kill it off, they only have to deal with the corporate stations where they a high level of control. Or if they kill it off, they can allow it to be recreated at a later date in a way they are comfortable with.
Probably the best solution in the short time is for the internet stations to switch to playing music that isn't under the control of the RIAA. (Public domain and Creative Commons licensed music.)
Hmmm...
[Hmmm...] July 12, 2007 17:45:55.808
Who needs school when you still have money? By definition, if you have money you are right, no?