Isn't the model effectively scrapped already? Sure, CDs are still sold - I would bet that physical media will still be around for quite a while. However, with Amazon and iTunes providing legal channels for purchasing music, and torrents for alternative sourcing...well, it's not like there's only one place to buy music anymore. It used to be records or nothing.
That brings me to another point - RIAA's founding purpose was to be an organization that set technical standards (an equalization curve for records to prevent low frequencies from bouncing the needle off the vinyl). Now that the EQ curve is established, and that audio technology effectively dead...isn't it time for RIAA to close up shop?
HINT HINT.
