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Subject: RTP-area local music and culture
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- From: Fhr AT std.com (Holden Richards)
- To: ch-scene AT lists.ibiblio.org
- Subject: $5 a month and downloads could all be legit
- Date: 27 Feb 2004 17:36:03 -0800
The EFF proposes an alternative
http://www.eff.org/share/collective_lic_wp.php
Starting with just the 60 million Americans who have been using
file-sharing software, $5 a month would net over $3 billion of pure
profit annually to the music industry -- no CDs to ship, no online
retailers to cut in on the deal, no payola to radio conglomerates, no
percentage to KaZaA or anyone else. Best of all, it's an evergreen
revenue stream -- money that just keeps coming, during good times and
bad, so long as fans want digital music online. The pie grows with the
growth of music sharing on the Internet, instead of shrinking. The
total annual gross revenues of the music industry today are estimated
at $11 billion. But that's gross revenues. A collective licensing
regime for file-sharing can promise $3 billion in annual profits to
the record labels -- more than they've ever made...
- $5 a month and downloads could all be legit, Holden Richards, 02/27/2004
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