Continuing our discussion on P2P legality, As I said EFC has some better idea on generating money from the users itself, by charging a small amount of money from them and let them download as much music as they want.It sounds strange but here’s how they propose this “Collective License” idea would work…
If millions of people across the globe (P2P users ) paid a small fee for the freedom to download absolutely any music available in the network, legally, then that translates to billions of dollars worth of profit for the recording industry.!!Now think if the amount is as low as 5$ will not the ISP like BSNL in India will be ready to pay for its users in order to market the many broadband connection.Selling with an idea “Get Broadband and download as much music you want…legally!!!”.People wont mind paying this amount for the peace of mind.
How would artists and recording companies make money ?
All you have to do is visit BigChampgne.com for the big answer.But the concep is simple.This company is a media research company which monitors outlets,online music stores, streaming audio and video and yes, even p2p network to find what is the popular music across the world.
Such data could be used to distribute the money that could be collected if we used EFF’s strategy of legalizing p2p.Artists and labels whose songs are most downloaded willd get a bigger pie of share of the collective license pie.Thus instead of waiting for 50000 copies to be sold out to get the commission he can get from here.
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