RIAA Denies Hypocrisy in Royalties Dustup
Hairless ape writes "The RIAA is reacting to a story pointing out the group's hypocrisy in its attempts to have songwriter royalties lowered. The issue stems from attempts to get webcasters to pay fixed royalty rates. 'In short, the contention was that the RIAA wanted to pay a percentage of its revenue to songwriters as its profits have fallen, but pushed for a fixed per-stream when it came to earning money from webcasters.' The RIAA says that's not so, and that SoundExchange offered a similar model to webcasters. Either way, the rates sought by the two groups would have bankrupted many webcasters. 'Now you know; it wasn't about hypocrisy, but one of the seven deadly sins may still have been involved.'"
Sounds like Payola all over. Maybe we'll get Eliot Spitzer to prosecute RIAA again ... Oh, wait!
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Unscrupulous organization denies blatant hypocrisy. Details at 11.
Prediction: The real iPhone killer is going to be sex robots from Japan. Think about it.
I wonder if the alcohol that Christ made out of water counts as drugs or not? If not, I'd like to hear why alcohol is not a drug.
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I came into this thread with 10 shiny new mod points hoping to find someone insightful, but found not a single comment in the entire thread worth promotion. What's happened to slashdot? A story on a hot subject, and I see nothing but off-topic trolls and insipid banter about deadly sins taken out of context from the description at the top of the page. Not a single comment on the actual article.
Anyway, the RIAA's attempt to dodge the charge of hypocrisy is equally lame. First the new deal gives ridiculous profit to SoundExchange (30% of gross). And even though they do have a 'plan' to share with artists (an inequitable one, albeit), the lack of expediency is directly adding to the profit of the RIAA through this process. The artists are clearly an afterthought. The RIAA can't come close to hiding their real motivation: profit for its members at all costs, regardless of artists rights/needs.
Absolute power corrupts absolutely. indymedia