Friday, August 16, 2002

The biggest problem with charging interenet radio to play songs is that no one listens to internet radio, so why make them pay? The RIAA, I'm sure, knows this and doesn't expect to make too much money if Congress passes these royalty rates. The RIAA is simply on a mission to kill. Dead radio doesn't make anybody any money. No one knows how to make money with interent radio, that was what made web radio so interesting and unique. What the RIAA is after is retroactive: all the songs that have already been played in the past couple of years are going to be retroactively charged. That's how the RIAA plans to make money on Internet radio, by killing it - pretty crafty eh? I think we all learn a lesson here, and that is: entrepreneurialism does not pay.

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