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Webcasters and Record Industry Both Appeal Royalty Ruling
jonesvery writes: "Both Webcasters and record companies are appealing the proposed royalty structure suggested by an arbitration panel, according to this LA Times story. It should surprise no one that the Webcasters feel that the proposed royalties are absurdly high, while the record companies wants them to be higher -- at levels set in independent deals negotiated between the RIAA and a couple of dozen companies. The fact that many of the companies that made these independent deals with the RIAA couldn't make enough money to both pay the royalties and stay in business doesn't seem to worry the record companies much. Funny, that..." We did an earlier story about the royalty ruling. The internet radio community seems to be just a bit upset about the whole thing.
A + B = C
A. Net radio plays corporate music
B. People buy corporate music heard on net radio
C. Corporations make more money
Oh wait, that's silly math. Here's how the real world works:
W + Q = Z
W. Corporations charge net radio to play music. Net radio disappears.
Q. Corporations continue to rape musicians up-the-butt with a silver broomstick. Musicians walk kinda funny.
Z. Corporations whine when profits plummet, so they pull politico puppet strings to make tens of millions of Americans criminals and continue to consume corporate welfare and pass more laws to prop up their failed business models.
That argument is libertarian bullshit that's totally ignorant of history.
Right! America doesn't even have royalty.
Oh. Oh, I see...
"Goodness me, how unlike the FBI to abuse the trust of the American public." -- The Onion
Judges know when they've made a good ruling if both parties are unhappy. ;-)
-Adam
I don't believe I have ever heard of somebody going into a music store and picking a random album and buying it because they thought it looked interesting.
I did that once. I bought this CD. It wasn't great.