Rock Biz

The 5-Dollar Solution?

An interesting article on Wired talks about a proposal by the Electronic Frontier Foundation to levy a $5 dollar monthly surcharge on all file sharers to be distributed to all copyright holders much like the system used in terrestrial broadcast radio. Of course the RIAA dismissed the whole idea but you can almost see the music industry evolving right before our eyes while the bigwigs continue to furiously try to make themselves relevant before they are completely replaced. Is this the answer? Perhaps but it certainly couldn’t hurt to try it. I suspect that this whole issue lends itself to multiple solutions coming from multiple angles and this is a good first one to try out. The key is to keep an open mind, something I am sure the entrenched interests aren’t too keen to do. The lawyers are making out like bandits though.