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Old 18 Jun 2009, 01:18 PM   #1
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Default Recording Industry Decries AM-FM Broadcasting as 'A Form of Piracy'

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The recording industry and U.S. radio companies have squared off for decades about whether AM and FM radio broadcasters should pay royalties to singers, musicians and their labels.

But now the debate is getting meaner; there’s more at stake as the recording industry seeks new income avenues in the wake of wanton peer-to-peer piracy and declining CD sales in part due to the iPod and satellite radio. A U.S. House subcommittee could vote as early as Thursday on a royalty measure.
http://www.wired.com/threatlevel/200...cording-indus/

Seems the music industry is getting desperate, suing and lobbying all over the place to try to squeeze a bit more money out of traditional venues, when they really should be examining their own business model, to make digital a priority, lower prices and getting more people into the habit of buying cheap digital music online. They also have to take into account the fact that music is no longer the premier form of entertainment, when you have so many different alternatives such as movies or gaming, just like how radio made way for television and how television today is being "threatened" by the Internet.
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