Reverend J used our newssubmit to tell us that CNN.com is featuring an article about the fees that currently have to be paid for radio stations that stream music over the internet.
While many radio stations are dissapearing because they are not able to pay the obliged fees, the recording industry says it needs the fees because it's an income they need because of the loss in sales of CDs:
The Recording Industry Association of America says the fees are needed to compensate copyright holders. The music industry is looking to the Internet as a source of supplemental income so it will not have to live and die by the sale of CDs, Simson said. |
He added that there is no evidence to support broadcaster assertions that webcasting has promotional value. He said artists and copyright holders lose money every time their music is played for free.
But what happens if the general public is thinking the RIAA is abusing them ? Read the entire article here.
Source: CNN.com
