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RIAA Denies Hypocrisy in Royalties Dustup
Posted by
Zonk
on Wednesday March 12, @12:42PM
from the not-our-problem dept.
from the not-our-problem dept.
Hairless ape writes "The RIAA is reacting to a story pointing out the group's hypocrisy in its attempts to have songwriter royalties lowered. The issue stems from attempts to get webcasters to pay fixed royalty rates. 'In short, the contention was that the RIAA wanted to pay a percentage of its revenue to songwriters as its profits have fallen, but pushed for a fixed per-stream when it came to earning money from webcasters.' The RIAA says that's not so, and that SoundExchange offered a similar model to webcasters. Either way, the rates sought by the two groups would have bankrupted many webcasters. 'Now you know; it wasn't about hypocrisy, but one of the seven deadly sins may still have been involved.'"
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Your Rights Online: RIAA Wants Songwriter Royalty Lowered 343 comments
NewYorkCountryLawyer writes "Lest there be anyone left who believes the RIAA's propaganda that its litigation campaign is intended to benefit the 'creators' of the music, Hollywood Reporter reports that the RIAA is asking the Copyright Royalty Board to lower songwriter royalties on song file downloads, from the present rate of 9 cents per song — about 13% of the wholesale price — down to 8% of wholesale. Meanwhile, the big digital music companies, such as Apple, want the royalty rate lowered even more, to something like 4% of wholesale. So any representations by any of these companies that they are concerned for the 'creators' of the music must henceforth be taken with a boxcar-load of salt."
Firehose:RIAA denies hypocrisy in royalties dustup by Anonymous Coward
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Presumably one of the Vatican's new deadly sins (Score:4, Interesting)
Actually at least six of these new seven deadly sins apply to the RIAA, starting with "polluting the environment".
Re: (Score:2, Insightful)
A little off topic, but why am I suddenly reminded of all those AOL CD's?
Payola? (Score:5, Funny)
Re:Payola? (Score:4, Funny)
He's too busy working up his bid to run for president.
Hey! It worked for Bill.
Re:Payola? (Score:4, Informative)
I thought there was 14 now? (Score:2)
News? (Score:5, Funny)
Re: (Score:2)
At least it is legal (Score:3, Insightful)
Why the painfully inane comments today? (Score:5, Insightful)
I came into this thread with 10 shiny new mod points hoping to find someone insightful, but found not a single comment in the entire thread worth promotion. What's happened to slashdot? A story on a hot subject, and I see nothing but off-topic trolls and insipid banter about deadly sins taken out of context from the description at the top of the page. Not a single comment on the actual article.
Anyway, the RIAA's attempt to dodge the charge of hypocrisy is equally lame. First the new deal gives ridiculous profit to SoundExchange (30% of gross). And even though they do have a 'plan' to share with artists (an inequitable one, albeit), the lack of expediency is directly adding to the profit of the RIAA through this process. The artists are clearly an afterthought. The RIAA can't come close to hiding their real motivation: profit for its members at all costs, regardless of artists rights/needs.
Re:Why the painfully inane comments today? (Score:5, Funny)
Re:Why the painfully inane comments today? (Score:5, Funny)
Seven (Score:5, Funny)
Re:Seven (Score:5, Funny)
Re: (Score:2, Funny)
Re: (Score:3, Informative)
Re: (Score:2, Interesting)
Re: (Score:3, Funny)
Re: (Score:3, Insightful)
Re:Fourteen deadly sins (Score:5, Funny)
Re: (Score:2, Insightful)
#2, human experimentation. What's wrong with medical research, psychological research, etc.?
#3, #4, #5 need definition
#6, punish success and all suffer
#7, only the
Re: (Score:2)
Nothing new here... just because these sins were just recently listed didn't mean that the riaa execs weren't going to hell anyway: They were accusing innocents of "stealing" their "property
Re:Fourteen deadly sins (Score:5, Funny)
I wonder if the alcohol that Christ made out of water counts as drugs or not? If not, I'd like to hear why alcohol is not a drug.
Re: (Score:3, Insightful)
Re: (Score:3, Interesting)
The whole idea of atlas shrugged was taken from the idea of using guilt as leverage in religion. Here's an oft quoted part changed to fit a religious context: