Fight The Future

Here’s one more reason the big recording companies spend more money on lawyers than they do on paying the musicians.

The record industry may next aim its legal guns at satellite radio due to a dispute involving new portable players which let listeners record and store songs, an analyst and industry sources said on Wednesday.

The record industry, led by major labels, such as Vivendi Universal, Warner Music Group Corp, EMI Group Plc, and Sony BMG, believe the recording capability is a clear copyright violation and could take revenue away from paid download music services.

But some of these companies are also working hard to strangle the growth of legal downloads by jacking up prices on goods that cost them almost nothing to distribute.

I swear these idiots are determined to kill every golden goose they can find.

riaa, satellite radio, music download