192939495969798999's Journal: Could Philanthropy Produce 100% Free( i.e. ownable ) Music?

With the efforts of a billionaire or a hedge fund, could people band together and start to buy the rights away from record labels? I think they could. If the market truly wants to allow freedom to use your purchased music, and the labels aren't compatible, why don't we all just buy the complete rights to catalogs one at a time until we have them all. If the hedge company legally owns the music, it can be distributed as they see fit, which should be "buy once, play anywhere", IMHO.