They decided not to change anything, for better or for worse…till death do us part. How anti-climactic.
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Music Copyright
Tomorrow is a big day for digital music.
The copyright royalty board (yes, those guys) is getting together to set rates for music copyright fees on digital downloads for the next five years. It’s currently at $0.09 and publishers are working hard to move it to $0.15. Apple responded, indicating that if that rate increase is put into effect, they may be forced to shut down iTunes.
TechCrunch has a great writeup, urging the board to consider a rev-share model.
It’s understandable that music publishers want more money. I like money too, but aren’t retail prices already too high in Amazon and iTunes? Why assume that raising prices will yield more revenue? If I suddenly asked every HearYa reader to pay $1.00 per post they read, I’m pretty sure I know what will happen. Everyone will stop reading because similar content can be found elsewhere for free.
Is anyone else concerned that a guy wearing a bowtie has 1/3rd of the power in this decision?
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