Canada's CD Tax Out of Hand?
CRIA Watcher writes "The Canadian Copyright Board has just announced that it is bringing back the tax on blank CDs, called the private copying levy, in 2007. Michael Geist demonstrates how the tax has created a huge distortion in the retail price of blank media on his blog with as much as 70 percent of the purchase price now heading directly to the music industry."
Sales of blank CDs in Detroit area soar! Details at eleven!
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~ |rip/\/\aster /\/\onkey
...their Olympic gold medals for recording media!
Sig? - yeah, whatever.
70 percent of the purchase price now heading directly to the music industry
:D Kiddin' of course, but still, it's hard to keep from [uneasy] smiling.
LOL, that sounds peculiar indeed, Canada's music industry now gets rich from blank media instead of music content
I am putting myself to the fullest possible use, which is all I can think that any conscious entity can ever hope to do.
That is until their computer industry reveals reports that American blank CDs are not as safe as Canadian ones.
Maybe the Canadians can get their pharmacies to fill prescriptions for US customers and accept payment in blank CDs!
People need to realize that blank CDs don't just grow on trees. In order to sell a blank CD, you have to take a regular CD and remove the content. It doesn't make sense to remove content people want, like software, so most blank CDs are originally Britney Spears or N'Sync CDs with the songs taken off. The music industry gets the money because only the music industry produces CDs with content so poor that it's worth paying a little to remove it and resell as a blank.
paintball