RIAA to cut Artist Royalties

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This comes from the ‘let them eat cake’ department:

http://uk.gear.ign.com/articles/849/849695p1.html

Though the actual artists who make the music are presently entitled to just 13% of wholesale, the RIAA thinks they should receive only 9%.

Let’s not forget that ‘wholesale’ still means about $0.08 per song or CD.

As one user put it with the comments, “9% of a medium that costs bugger all to distribute?”

I wouldn’t be surprised if these folks started off with the argument that this is good because they will have more money to lobby governments to implement ISP-fee schemes, which will have two deliterious effects:

  1. Users will be paying for all content, regardless of whether they use it or not;
  2. This kind of monitoring will be a serious breach of privacy for online users.
Category: DRM issues, media, Music Industry | Tags: ,

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