If stupid has an address, it's at RIAA HQ. They are letting the copyright board go forward with the new internet charge rates, which will simply kill most of internet radio. Via CNET:
Barring a last-minute industry compromise on changes, new royalty rates that Internet radio operators argue could cripple their services are slated to kick in Sunday.
This s one of those fascinating disconnects between fantasy and reality. The RIAA apparently believes that (insert huge amount of money here) is available for the taking from internet radio. What they don't realize is that the actual amount of money available is (insert much smaller value here), and that the effect of these rules will be something like (insert zero here).
I guess they skipped the section of elementary school math where they explained magnitude.
Technorati Tags:
copyright, DRM