The End of Intellectual Property Rights

[MARV]

Greg Kot cuts to the chase in two short paragraphs on the parallel paths big businesses are pursing to try and monetize recorded music once again. And, finally, someone goes on record saying, basically, the “Black Box” is coming.

[i]His plan would create a live-and-let-live world in which peer-to-peer file sharing would co-exist with iTunes and other legitimate MP3 music stores. With an estimated 750 million people expected to be hooked into wireless broadband networks in Western Europe and the United States alone in the next decade, the potential revenue from licensing fees on Internet service providers could be substantial.

Yet such a forward-thinking plan might already be too little too late for the industry, McGill’s Pearlman said. A portable data base containing all the music ever recorded is imminent, he said. “Once this paradise of infinite storage is entered,” he said, “it will represent the end of all intellectual property rights.”[/i]

Whole article:
http://leisureblogs.chicagotribune.com/ ... -plan.html

[Frau_Blucher]

It seems wildly impractical. Just how would monies trickle down to the artists? Oh wait, stupid me, it's not about the artists is it? So the entire world is going to a free market economy, but the music business thinks it can carve out a state-run communist paradise paradise? [i]Forward-thinking[/i]...hahahahahah!!!