June 7, 2006 7:55 AM PDT
New CD swap site to give back to artists
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Site to give musicians a major cut of the proceeds while largely freezing out record labels and other intermediaries.
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Though I'm sure that if it got really good, the RIAA would do their best to rip it to shreds.
Nguyen admits his company has had a mixed reaction from the record companies, with some viewing his plan as a threat along the lines of the pioneering peer-to-peer music file sharing service Napster.
"One label thought it would help them to know their customers for the first time," Nguyen said. "But others' view of us is as the devil, more like peer-to-peer services."
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Huh?
Now you can't resell/swap or otherwise dispose of your old original CDs?
At least most software allows you to re-sell the license.
Uh-oh! It looks like there is going to be a crackdown on those devils with garage sales and swap meets trading pre-owned original CDs.
I dread the day when things like appliances and cars have restrictions. (Hey, you can't sell that old jalopy, it's non-transferable!)
The record labels have never been entitled to a single cent of money from these exchanges, nor is there any reasonable arguement for them to be, anymore than GM should get a cut when I sell my used car.
Of course the industry has contended for those same 20 years that this is/should be illegal, and is working hard to get legislation passed that will retroactively remove the rights of ownership from CDs, instead licensing the purchaser to listen to the music but not own anything, therefore have no right to sell. (Idealy the consumer would still hold the responsibility for the medium the music is delivered on and the industry would have no obligation to replace lost or damaged discs, even though you bought rights ot the music, not the CD itself.) They are judiciously withholding comment until such legislation is passed.
Better do your swapping quick, becuase if this gets big, it will be attacked by the RIAA and they clearly have the funds to buy whatever legislation they need to shut it down, under the guise of supporting terrorist organizations.
You can trade two used CDs for one used CD, or 10 used CDs for a new CD. They also sell the used CDs at a low price if you don't have anything to trade.
It's nice to see the artists recieve a little of the money. If they recieve $0.20 an album fron trades they will be recieving more than they do from the orriginal sale.
By the time recording companies, distributers, and retail stores take a cut, there is very little left for the artists.
But aside from that, I see *no* parallels with illegal sharing or anything else (other than, of course, that LaLa can't guarantee that CDs shipped are originals). Can someone clue me in as to why this is newsworthy?