XM Issues Statement About RIAA Lawsuit
May 21, 2006 3:33 PM
comment(s) - last by
XM will not concede to the RIAA quietly
that the Recording Industry Association of America (RIAA) is planning to sue XM radio over the use of the Pioneer Inno XM2go portable XM player. Users with the device from Pioneer are able to save music files that XM broadcasts onto the player -- the RIAA claims that the device infringes on copyright laws, and the organization should get higher music licensing fees.
recently published a letter to its users
claiming "They [The RIAA] don't get it. These devices are clearly legal. Consumers have enjoyed the right to tape off the air for their personal use for decades, from reel-to-reel and the cassette to the VCR and TiVo."
The Consumer Electronics Association (CEA)
has also spoken out against
the lawsuit by the RIAA. Michael Petricone, Vice President of Government Affairs for the CEA took time to protect the rights of XM allowing users to have a device like the Pioneer Inno.
This article is over a month old, voting and posting comments is disabled
5/23/2006 10:08:54 AM
Don't forget that the record companies take the costs of producing and printing an album, it's packageing, the $$ fronted to the artist, the artwork, etc out of the ARTISTS pocket after all is said and done. SO....if the artist is successful, the record company recoups its expenses FROM the artist small percentage and continues to make the lion's share of the profit from each album sold. Pretty good deal.
They are at risk if the album flops completely...they'll never recoup that money, but the artist is still on the hook for all costs until that money has been paid. So they may never see a cent if the album flops...yet still sells more than 50,000 copies.
"If they're going to pirate somebody, we want it to be us rather than somebody else." -- Microsoft Business Group President Jeff Raikes
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