The RIAA is in the news again, but this time instead of a victim paying out money to the recording labels, the RIAA was forced to pay out 50,000 in legal fees. The victim, Debbie Foster was sued for copyright infringement, however the case was dismissed last Summer.As the Inquirer points out, this is a pretty significant case because previously, the RIAA has not been ordered to compensate people when they have been wrongfully sued.
Wired spoke with Foster’s attorney who is obviously happy with the outcome. Her attorney also mentioned that she’ll likely get more than the $50,000 originally ordered.You can bet Capital Records isn’t too happy about the hefty amount they’ll be responsible for sending out shortly. Not a good day for the recording industry!
In other RIAA news…
I came across this article from WHAS11.com in which they point out a Key Stats/Facts page on the RIAA website which says that CDs really should cost more. The RIAA’s website says,
By all measures, when you consider how long people have the music and how often they can go back and get “re-entertained” CDs truly are an incredible value for the money.
Their claim is that between 1983 (when CDs were first introduced), and 1996, the price of a CD fell by more than 40%. During the same time, consumer prices went up around 60%. According to their calculations, in 1996, consumers should have been paying $33.86 instead of $12.75 for CDs.
I don’t know ANYBODY that would have been willing to pay over $30.00 for a CD. The RIAA goes on to talk about how the quality and the number of songs has increased, and so has the range of choices, and ease of use, yet the price hasn’t, so really people are getting a great value.
In the world of Technology, the price tends to go down, not up which makes this even more ridiculous. If the price of a computer went up since it was first introduced, there’d be very few people in this world that owned one. The same goes for the price of CDs. And their argument over the “re-entertainment” value? It’s pitiful.
You can read the entire “Cost of a CD” article from the RIAA here.
Source: Thanks Curtiss!