RIAA Stands for: "Real Insane Addicted A-holes"!
This is going to be short because I could go on for a long time at how dumb this is. The RIAA is trying to charge the radio stations royalty fees for playing music from their record labels (or they will consider it pirating). The radio stations already are in money trouble, what could the RIAA be thinking? This is going to kill the already struggling radio market… end of story!
Update: more recently the RIAA tried to raise the price for playing music online. Pandora said that they could not pay the added fees and would have to close the doors. Enter the government, they extended the time for the record labels and internet radio stations to hammer out a new price, so Pandora is alive (at least for now). In addition, Apple told everyone that is the fees were to go up, they to would have to close the doors to the iTunes music store. Since then, the labels have decided not to raise the price for music downloads. WOW, this is getting nuts! 😮
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