May 17, 2005

Yahoo forces RIAA staff cutbacks?

Mark Cuban has a good point here. It will be interesting to see what happens next.

"As Barry Ritholz smartly pointed out in his blog, the introduction of Yahoo’s Music Unlimited Service sets the new marketvalue for all the music you can download in a month…5 bucks.

The RIAA can no longer claim that students who are downloading music are costing them thousands of dollars each. They cant claim much of anything actually. In essence, Yahoo just turned possession of a controlled music substance into a misdemeanor. Payable by a $5 per month fine."

Original story from www.blogmaverick.com

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