Originally posted: January 18, 2008 leisureblogs.chicagotribune.com
Digital tax could save the music industry from itself
| In the last few years, the music industry has combated tumbling revenue by suing costumers, decimating artist rosters and laying off thousands of employees. That's not a business plan. That's the sound of the Titanic slipping under the waves. But in the last few days, one important segment of the music industry actually came up with a rescue strategy that didn't smack of panic, malice or desperation. The Songwriters Association of Canada is proposing a $5-a-month licensing fee on every wireless and Internet account in the country, in exchange for unlimited access to all recorded music. |
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