Rather than losing millions of dollars in potential sales to online song swappers, the recording industry should give them a cut of the revenues when they distribute songs in a protected format, the Distributed Computing Industry Association (DCIA)said.
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"Each time there's a technology breakthrough in entertainment distribution, once it's harnessed and embraced and an industry finds a way to capitalize on it, the industry does enjoy accelerated growth," he said. Under the plan, record labels would encode their songs with copy-protection technology so users would have to pay a small fee, between 80 cents and 40 cents, to listen to them. Prolific song-swappers would be encouraged to convert their collections of unprotected material into the protected format, and then paid a portion of the fees collected each time somebody purchases a song after copying it from them. |
The concept is one of a few suggested by the trade group in an effort to find a peaceful solution that is amicable for both peer-to-peer networks and the major record labels. Agreed, this is far fetched in that we know the odds of the music industry sharing revenues with the public are poor. However, at least someone is getting proactive and is trying to create a model that should be considered. The rest of the article can be found here.
Source: Yahoo News
