The music industry has decided to sell music the way their customers want: untethered and without restrictions. Apple iTunes announced they will be selling music without DRM, digital rights management. It will also sell songs at three prices: 69 cents, 99 cents and $1.29.
EMI was the first major to offer music without DRM in 2007.
Trying to control how people rip and burn music was always the paranoia of the labels. Technology was always a few steps ahead of them, and they always choose litigation over adaptation. Copyright owners love to sue.
But look how Youtube unlocked billions of dollars that all those copyright owners sat on for all those years. Old TV shows that never saw the light of day have new life.
In retrospect, the music industry should have exploited Napster and peer-to-peer, instead they shut down what fans liked and spread them across the internet.
Source: WaPo
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