While the recording industry pushed so hard for compulsory licensing fees for radio webcasts and so hard against compulsory licensing for downloads (realizing, of course, they can sell downloads, but can't sell webcasts), it turns out that the fine print says that SoundExchange, the supposedly not-for-profit "affiliate" of the RIAA gets to keep any of the unclaimed royalties from the compulsory licenses. Seems like a pretty good deal for the RIAA. They collect the fees, and if no one steps up, they keep the fees. Whatever happened to all that talk about "doing what's best for the musicians?" It seems like you could make a bigger case that this is actual "theft" than downloading a song.
If you liked this post, you may also be interested in...
- NSA FOIA Response Claims Data On Vendor Contracts 'Unsearchable'
- Eric Schmidt Claims Google Considered Moving Its Servers Out Of The US To Avoid The NSA
- DailyDirt: Not So Secret Nuclear Weapons
- Apparently James Clapper And The NSA Don't See Eye-To-Eye On Transparency
- 2009: Man Buys 5000 Bitcoins For $27, Forgets About Them. 2013: Man Rediscovers His Bitcoins, Now Worth $886,000