lanky used our newssubmit to tell us about an intetresting article from FOXNews explaining why SSSCA is bad, why it is happening (the obvious), and also the likely outcome of it. It brings up some interesting points of the current "we are worried about our stockholders interest" blerb..
Talk about screwing the little guy: audits of record companies routinely indicate "errors" that are always in the companies' favor. (Recording artist Peggy Lee just won a big judgment, and many other artists' lawsuits are pending). Accounting is byzantine enough to make Enron's look simple. |
Record companies regularly deduct 15 percent off the top of sales as an allowance for "breakage" '” a survival from the days of shellac records that now simply serves to reduce artist royalties by that amount. Despite being illegal, payola is rife, keeping interesting artists off the air in favor of the manufactured hitmaker of the week. And now, record companies '” who have allied themselves with the just-as-bad motion picture industry '“ want to make it a felony for you to own a computer that is capable of copying music from a CD to your portable player without paying them money, even though courts have held that such copying is entirely legal.
Intresting article that shows what money can do to people. But hey, I'm not even sure what I would do when I would get that money.
I think offering this kind of money should not be obliged, or uhm, is this actually not obliged and is the record industry naught again . It seems they fall deeper and deeper...
Source: Foxnews.com
