Wednesday, May 18, 2005

$5 a month for music to kill the RIAA?

Barry Ritholz and Mark Cuban reckon the RIAA lawsuits against individuals are on the way out.

"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 can’t 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."

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