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RIAA Want to Screw Artists?
12/08/06
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(tinfoilmusic.net) In a move to make them even more popular, the RIAA is seeking to reduce the royalty rate paid to artists. The agreement signed in 1981 is good for 25 years and ends, oh, real soon now.

The Digital Music Weblog points out that "During the period when piracy was devastating the record industry, the RIAA argues, profits for publishers rose as revenue generated from ringtones and other innovative services grew. Record industry executives said there was nothing strange about seeking a rate change that would pay less to the people who write the music." [see full story for more] - Click here for the Full Story

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