Sometimes you just have to ask yourself if the RIAA could display more greed or avarice without actually hiring Satan as its general counsel. The Hypebot points to an article in Radio and Records which reads, "During the period when piracy was devastating the record industry, the RIAA argues, profits for publishers rose as revenue generated from ringtones and other innovative services grew. Record industry executives said there was nothing strange about seeking a rate change that would pay less to the people who write the music."So, let's see if we get this straight. The RIAA alienates its fans and customers by overcharging, failing to embrace new technology and suing anyone who tries to give music fans what they want. At the same time, the publishers work hand in hand with innovators (such as ringtone publishers) and find great success. Now, as a thank you for all the hard work and deft thinking, the RIAA asks the feds to lower the amount of money they pay artists under statutory deals?
I'm reminded of the Simpsons spin off episode when they launched "The Critic." Jay Sherman asks the Arnold Schartzeneger-alike, "How do you sleep at night?", to which he replies, "On top of a big pile of money, with many beautiful women." I'm left to wonder, exactly how does the RIAA sleep at night?













1. How can we as the music buying public make it clear to the RIAA that we believe that artists happen to be THE crucial piece of the music puzzle? The RIAA is not fit to manage the music industry's music talent (i.e., the artists), particularly given their track record over the last decade. It's past time for a completely new paradigm of music production and distribution, without the RIAA.
Posted at 8:46PM on Dec 6th 2006 by Chip