[Commons-Law] Enter Snapster, Exit RIAA

[Sunil Abraham]

http://www.kuro5hin.org/story/2003/7/24/16249/9477
Date: 28 Jul 2003 22:54:35 +0530

Enter Snapster, Exit RIAA (MLP)

By WetherMan
Sat Jul 26th, 2003 at 04:15:56 AM EST
Music

Introducing Snapster.  In a recent article on pbs.org, Robert Cringely,
introduces Snapster, an idea that has the potential to revolutionize music
distribution as we know it.

Snapster is fundamentally an application of shared ownership to music. 
Here it is in a nutshell:

1. Snapster buys a large quantity of CD's

2. Snapster goes public, using methods he details to gain a large
shareholder base.

3. Snapster founds "Snapster Downloads", which offers the above CD's at
say .05c/song and .50c/album.

Snapster stockholders are paying for the ability to download these cd's..
because.. and here's the catch, they're already partial owner's as
stockholders.

Sound too good to be true?  There are some serious questions that need to
be answered before a system like this ever gets off the ground.

What would keep the RIAA from pushing legislation that bans fractional
ownership?  Can the RIAA stop this by installing license agreements on
their CD's that specifically restrict this sort of partial owner
agreement?  What happens if the company incorporates outside US borders?

This is an idea that deserves a second look, maybe it really has the
potential to change the face of music distribution as we know it


-- 
-- 
Sunil Abraham, sunil at mahiti.org http://www.mahiti.org
MAHITI Infotech Pvt. Ltd.'Reducing the cost and complexity of ICTs'
314/1, 7th Cross, Domlur Bangalore - 560 071 Karnataka, INDIA
Ph/Fax: +91 80 4150580. Mobile: 98455 12611
"If you have an apple and I have an apple and we exchange apples
then you and I will still each have one apple.
But if you have an idea and I have one idea and we exchange these ideas,
then each of us will have two ideas" George B. Shaw



-- 
Sunil Abraham, sunil at mahiti.org http://www.mahiti.org
MAHITI Infotech Pvt. Ltd.'Reducing the cost and complexity of ICTs'
314/1, 7th Cross, Domlur Bangalore - 560 071 Karnataka, INDIA
Ph/Fax: +91 80 4150580. Mobile: 98455 12611
"If you have an apple and I have an apple and we exchange apples 
then you and I will still each have one apple. 
But if you have an idea and I have one idea and we exchange these ideas,
then each of us will have two ideas" George B. Shaw