Tuesday, February 5, 2008

RIAA Looks To Own You and the Rest of the World

In a move that I just can't seem to wrap my head around, the RIAA has turned its unwanted attention upon the very people the group exists to protect. The RIAA is now pressing to lower the royalty payments made to musicians and artists for music tracks sold digitally. Artists are presently entitled to 13% of WHOLESALE, but the RIAA believes they should only receive 9%.

After years of PR that tried to convince the populace the RIAA is trying to stamp out piracy to protect musicians, the group has now made it blatantly clear the only individuals it aims to protect are those in charge of the major music labels, a group of aged executives who have massively failed to shepherd their businesses into the digital age. Now that the existence of both the RIAA and the major labels benefits neither musicians nor consumers, we can only hope that their decline has reached the critical mass that will drag them under the wheels of technologic progress and into the graveyard of history. Also read about the RIAA's plan to raise illegal downloading penaties to $1.5 Million per album!
Saving my pennies for a good lawyer,
Josh

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