by Mike Masnick
Mon, Oct 6th 2008 3:59am
Many people realized long ago, that contrary to what the RIAA (and the politicians it supports) states, the RIAA is not representing the interests of "the music industry," but rather the interests of a few big record labels. Those interests are often directly at odds with the actual musicians. It's almost amazing it's taken this long, but a bunch of musicians, including Radiohead, are now forming their own lobbying/bargaining group, called the Featured Artists' Coalition. One of the goals, actually, is to put pressure on the record labels to allow the musicians to retain the copyright on their music, rather than handing it over to the labels. At the very least, it ought to be interesting to see the two of them fight this out. Though, my fear is that this new group really just promotes more of the same, and doesn't focus on new business model opportunities, but again looks for ways to "protect" rather than to innovate.
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