Copyright Law

Music Dish: One Down, Three To Go: The Music Biz Shrinks Yet Again, as Courts Close EMI

By Ty Rogers and Ray Beckerman

Interesting article on "Music Dish":

One Down, Three To Go: The Music Biz Shrinks Yet Again, as Courts Close EMI
EMI has lost in court and it's now only a matter of time before its assets are chopped up
By Moses Avalon

It's official, EMI has lost in court and it's now only a matter of time before its assets are chopped up, dispersed and the famous Capital Records building in Hollywood goes condo. After EMI is dismantled there will remain only WMG, UNI and Sony as the remaining "Big Three" labels in the US and the UK.

The Silicon Valley giants are probably very excited today, since this means that there are only three major record distributors left to destroy before they can finally buy up their catalogs and not have to deal with the RIAA or their stupid one-sided interpretation of the Copyright Act.

Yes, this is great day indeed for those who think music should be free. Because the Beatles recordings along with Led Zeppelin, Rolling Stones, and many others will probably soon be the property of an ISP giant, or computer company who will use them as loss leader to attract subscribers.

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Full post as published by Recording Industry vs The People on November 15, 2010 (boomark / email).