|
Printable version |
From: | "Wedde, John" <john.wedde@cit.ac.nz> |
Date: | Fri, 11 Aug 2000 10:41:44 +1200 |
For those chatters interested in EStar and the possibilities for its subsidiary CDStar, the following Aust. Financial Review article may be of interest. IMHO, for what it's worth, this is all about the crunch issue when it comes to selling music over the net. The company who has the best software, a la Napster, to pipe music straight to the customer's CD Rom drive, and credit card charge on the way through, will do extremely well. First the copyright issues however need to be addressed. This I believe must come. The presence of the technology to allow direct downloads makes this inevitable. It,s just a question of time. Mat Darby - I'd be particularly interested in your views on this. How does CDStar's software look from this perspective? Will it put you up with the winners? Disc: I don't hold EStar at present but follow it closely and have been in and out recently. Cheers John Chaos blazes the trail in copyright payments for online music files By Mandy Bryan ChaosMusic hopes to kick-start commercial music file swapping over the internet by allocating to artists and record companies a proportion of the internet advertising revenues it sources from the increasingly popular pursuit. Chaos yesterday outlined plans to initially forgo 15 per cent of the advertising revenues sourced form its audio search tool, FreeTracks in a proposal triggered by last week's copyright stoush between the Record Industry Association of America and online music swapping service Napster. "We got to the stage where we decided to take a proactive step rather than wait for the industry to find a solution," said ChaosMusic chief executive officer Mr Rob Appel. "We are taking the proposal to the US and we plan to talk to global collection societies," he said. Napster provides the mechanism with which to swap MP3 music files while FreeTracks merely enables visitors to search the internet for a audio files, some legitimate and some not, according to Mr Appel. He said that by monitoring search requests on FreeTracks, ChaosMusic could apportion revenue to specific artists and copyright holders. The go-ahead for the scheme, however, awaits the response of record companies and collection agencies like the Australasian Performing Rights Association . These associations have failed to address the growing issue of piracy as music shoppers flock to the internet. Reflecting the trend, Telstra yesterday announced an exclusive deal with Sanity.com to enable its customers to buy music online over their WAP-enabled mobile phones. Mr Appel declined to disclose the amount of revenue generated by advertising on FreeTracks but said with co-operation from other companies, the scheme could provide a substantial revenue stream for artists. "We are happy to talk about the evolution of the model. It could for instance take the same form as radio royalties," Mr Appel said. He said the proposed levy was not an endorsement for the unauthorised use of music files but provided a starting point in recognising the copyright component of online music. ###################################################################### This e-mail message has been scanned and cleared by MailMarshal ###################################################################### ---------------------------------------------------------------------------- http://www.sharechat.co.nz/ New Zealand's home for market investors http://www.netbroker.co.nz/ Trade on Credit, Low Brokerage. Join now. ---------------------------------------------------------------------------- To remove yourself from this list, please use the form at http://www.sharechat.co.nz/forum.shtml.
Replies
|