Record Labels Change Minds About Sharing MP3s
Mass Defect writes "While the RIAA continues to sue people for p2p file sharing, the record labels have made an about-face and given their blessing to users sharing MP3s via the social networking site imeem.com. In May this year the site was being sued by Warner for allowing users to upload photos, videos, and music to share. However to everyone's amazement, instead of being flattened, imeem.com managed to convince the label that this free promotion was a good thing. In July imeem.com signed a deal with the label. Since then the site has added Sony, BMG, EMI, and now the biggest fish of them all, Universal. Imeem now has the royal flush of record labels supporting its media-sharing service, each getting a cut of the advertising revenues generated by their catalog. Finally someone has figured out a way to do 'YouTube for MP3s' without getting sued out of existence."
I agree that file sharing is a problem, but there are plenty of problems in the music industry and these problems have more to do with their lost revenue than file sharing itself. If the record labels had gotten off their ass and got into online music in a big way when it started, we wouldn't have this problem.
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You call it 'low quality', but it sounds as good as radio to me. I'm not real picky about the bitrate of music I stream... In fact, low bitrate is better, since the whole office uses this crappy little connection.
'Loads of ads' is apparently 2 per page. I've learned to tune them out, so I don't care.
The 'download' button is a good alternate (read: not a flash ad) revenue source and I probably -will- use it to buy from Amazon the songs I want to keep.
Registration is free, and what -doesn't- require you to subscribe to get the full benefit these days?
It even lets you create and listen to playlists, so you don't have to play a single song at a time. It's perfect for seasonal music and all those good-for-3-months songs that are oh-so-popular these days.
Personally, I like it and it didn't cost me anything. Plus, the fact that they got some record companies to agree to -anything- is great. Maybe they'll keep continuing to gain some sense.
"If you make people think they're thinking, they'll love you; But if you really make them think, they'll hate you." - DM
No, the copyright system isn't broken. Copyright has worked well for over 200 years in this country. (The patent system is another story). Now laws like the DMCA that criminalize what would otherwise be legitimate acts...that's broken.
Some would argue that the current copyright system is broken.
The original system where a copyright:- Had to be registered
- Lasted 14 years
- Provided for an additional 14 year extension if applied for
was far more sane than what we have now."They that can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety."
So, do they realy get $7500 in ad revenues per downloaded song?
"Copyright infringement is a DIFFERENT THING."
Indeed with stealing you can get away with a mild sentence or some community service when caught. Copyright infringement, on the other hand, will probably put you in debt for the rest of your life.