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Forums » I-Tunes Successful, but Unprofitable » Huh?
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Tomek
Premium
join:2002-01-30
Brooklyn, NY
·Packet8

Huh?

said by Article:

the vast majority of the profits made from each download go back to the RIAA

Can I say: WTF?
Not only that they don't host, distribute or promote the service, still they earn load of money.
Can I-tunes and other services place RIAA in court under Sherman's antitrust?
--
We are the Borg! Resistance Is Futile! You Will Be Assimilated!


Penguins
Have You Played Atari Today?

join:2001-12-01
Cleveland, OH
Are the top execs getting fat paychecks?

If so then everything is fine. Nothing to see here.
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Pure magic in 2k of 6502.


KrK
Heavy Artillery For The Little Guy
Premium
join:2000-01-17
Tulsa, OK
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reply to Tomek
The problem is the royalties are just way too high.

The RIAA thinks they deserve a dollar per each copy, no matter what format, and no matter who provides the service.

What a ripoff, pure greed.

There's no doubt the main obstacle to easy to use digital music downloads for reasonable prices is the RIAA itself--- who, after all, want to protect their stranglehold on the distribution system. They aren't really interested in seeing services like iTunes survive. They want control over all themselves--- and the ability to price-fix anything.
--
"Regulatory capitalism is when companies invest in lawyers, lobbyists, and politicians, instead of plant, people, and customer service." - former FCC Chairman William Kennard (A real FCC Chairman, unlike the current Corporate Spokesperson in the job!)


Maxo
Your tax dollars at work.
Premium,VIP
join:2002-11-04
Tallahassee, FL
clubs:

By allowing this kind of business to happen while price gouging they can say that they are open to it and when it fails they can just say I told you so. Meanwhile they made a killing. I wonder if I listen to an Atom & His Package or Causey Way song if that money goes to the RIAA even though these bands are not connected to them in any way.
--
Tall blond dark and mean Rough and tough and strong and leanhttp://www.maxolasersquad.com


PunkGod

join:2003-02-02
reply to Tomek
I don't care about anything else. All I have to say is the RIAA needs to go down. Hell each person in the RIAA could retire with the money they have made.
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