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AOL-Time Warner Agrees With AOL-Time Warner On Webcasting
from the well,-that-was-difficult dept
The Register is running an interesting analysis of the recent webcasting royalty agreement. Basically, they point out that this "deal" is really just AOL-Time Warner agreeing to what rates they have to pay AOL-Time Warner to broadcast online radio. In fact, to some extent, AOL-Time Warner has incentive to drive other online radio broadcasters out of business, so they can corner the market. They report that a RIAA lawyer was recently overheard saying he didn't care if every other internet radio station went out of business - because then people would listen to AOL-Time Warner radio stations, and AOL-Time Warner has been a good corporate citizen, paying its royalties to... AOL-Time Warner (among other record labels).
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