Comment Re:Mechanical Royalties != Artist Royalties (Score 1) 399
I can't believe how long it took to find a post that actually understood what the article was saying and wasn't just some generic rant against the RIAA.
As much as I despise the RIAA, I can actually see their point. Mechanical royalties were established back in the player piano days. And I don't think that a songwriter deserves the same rate for a 10 second ringtone as they do for a CD release.
However, as long as ringtones are $3+ versus $.99 for a song from itunes, the labels can suck it up. Sounds like they are losing more money from downloads than ringtones.
As much as I despise the RIAA, I can actually see their point. Mechanical royalties were established back in the player piano days. And I don't think that a songwriter deserves the same rate for a 10 second ringtone as they do for a CD release.
However, as long as ringtones are $3+ versus $.99 for a song from itunes, the labels can suck it up. Sounds like they are losing more money from downloads than ringtones.
