It is one of the oldest and thorniest questions of the digital music era: How much should artists and musicians be compensated for the Internet broadcast of their songs? And who gets to decide that rate?
(Updated 12/16/11 4 pm ET)
It may seem that Congress is getting exactly nothing done these days, with the game of chicken over the payroll tax and the possibility for what seems like the 537th time this year that the U.S. government may run out of money.
Can slower Internet speeds convince consumers to stop pirating copyrighted material online? That’s the assumption behind a new anti-piracy effort launched this week by a coalition of Internet service providers and groups representing movie studios and record labels.
Here’s an idea: Everyone, or at least whoever wants to, gives up their books. The books are taken to a warehouse and stored there. In return the the book owner gets access to scanned copies on Google.