When 70% Of The Cost Of Blank CDs Goes Straight To The Recording Industry
from the an-awful-lot dept
It's well known that Canada has a "private copying levy" on blank CDs. This tax was pushed by the entertainment industry as compensation for the fact that many people will use blank CDs to record music. It's somewhat up in the air whether or not this means that private copying is completely legal in Canada (the recording industry still insists no, many people insist yes). However, Michael Geist notes that the latest proposed tariff would keep the fee the same, despite the fact that the cost of blank CDs keeps dropping. This leads to a distorted market where more than half the cost of the blank CDs Canadians buy may go straight to the recording industry. Geist points to a deal for 200 blank CDs that costs $60 -- $42 of which goes to the recording industry. Prices in the US, where no such levy exists, obviously are much lower. Perhaps we should start swapping blank CDs for Canadian drugs.