MIT's Music Net Shut Down Over License Issues
aurum42 writes "MIT's LAMP music-over-cable initiative has been shut down due to licensing concerns, as reported on The Boston Globe. Ars Technica has a good summary of the story. It appears that Loudeye did not have the rights to sell music to MIT for distribution over cable, although they apparently assured MIT that they did in fact have those rights. Murky, unexplored legal quagmire or RIAA influenced revisionism?"
Capitalism is the most effective way of distributing scarce resources, however when a resource is not scarce(music can be duplicated easily at practically no cost), there is no reason for capitalism.
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