Sunday, March 30, 2008

Music Downloads on your Net Access Tab?

In response to the current crisis in the music industry, Warner Music Group executive, Jim Griffin, is proposing a strategy that would significantly decrease piracy. Internet service providers would tax on a flat fee per month (ex. $5) that would give consumers unlimited access to download, copy and share music. Griffin reports that this could provide as much as $20 billion per year to reimburse artists, record labels, and copyright holders. This unlimited-access plan is a common theme in the industry as they desire to end piracy. Earlier this week, TorrentSpy, the world's biggest BitTorrent site, was shut down after a two year court battle. Will this business model end piracy?

http://www.news.com/8301-10784_3-9905404-7.html?part=rss&subj=news&tag=2547-1_3-0-5

-Kyle Lopez

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