Monday, December 11, 2006

RIAA pulls its own mask off

It might sound surreal, but finally the RIAA has recognised that all the PR and lobby that has been conducting to justify stronger and longer copyrights for music have had nothing to do with rewarding authors or musicians but to augment the income of their own coffers. RIAA has made a presentation to the Copyright Royalty Board of the Library of Congress to reduce the rate the industry pay to music publishers and songwriters for the use of their creations when they record them. Is this the same RIAA that said that fair use should not be used as excuse to make profits on the "backs of hard-working creators"? I think that it is time that the word "creative" is erased from RIAA's mission statement and the real mission, "to foster a business and legal climate that supports and promotes our members' [...] financial vitality" is openly acknowledged. While it can be argued that RIAA has to protect the interests of its members, the record labels, the problem is that for almost a decade copyright law has been reformed and strengthened following the cries of RIAA to protect the "poor creators", while it seems that they are the first trying to squeeze them!

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