Will This Genie Ever Go Back In The Bottle? 278
MP3.com was bloodied Friday. As of this writing, the online music service is trying to negotiate a settlement with RIAA. A U.S. District Court ruled Friday that the site's My.MP3.com storage service violated copyright law. But the music-user rebellion sparked by this landmark technology is by no means over. The manner in which music is disseminated has been changed for good, whether record labels acknowledge it or not (and over the weekend, a few executives actually did). Without a settlement, the recording industry is in danger of blowing a historic opportunity to protect artists, make money, and capitalize on, rather than shun, the information distribution tools of the future. P.S. Who are the pirates? A record exec e-mails me this a.m. that it cost about 50 cents to make a CD, for which consumers pay $16.95. (Read more).