Interesting scheme that could topple the RIAA.

[Videodrome]

Interesting scheme that could topple the RIAA.

Snapster


The short version is it's a stock trading/mutual fund trick. You create a business that buys all the CDs you can get at retail price. Then you sell shares of stock in the company. The idea is that buying stock makes you part owner of the company wich means you are now also part owner of the CDs they bought. This would give you the legal right to create backups of those CDs wich would be a way to legally download their music.

What is needed is an investment-business group that can afford the initial cost and anticipate the desperate lawsuits and lobbying by the RIAA.

 

[Sonic X]

Interesting, i'd like to see what the RIAA has to say about this. :lol:

 

[pumpkinfan1979]

HAY GUYZ LETS DO THIS IT WULD BEE ALL UBERNIFTY AND SHINY

 

[LUFFY-KUN]

0dd ...

 

[Vicman]

LOL that would NEVER work. Here's why. You DO NOT own the music on the CD's you only own the legal right to listen to them in the medium you bought it in. I.E. CD format. You can only push fair use law so far before it totally infringes on Copyrights.

 

[Vicman]

Here's the proper definition of Fair Use and this is why that guy's idea doesn't hold any water:

"Fair Use Law
17 U.S.C. 107 (1988 & Supp. IV 1993). Section 107 provides in part:
Notwithstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work, including such use by reproduction in copies or phonorecords or by any other means specified by that section, for purposes such as criticism, comment, news reporting, teaching (including multiple copies for classroom use), scholarship, or research, is not an infringement of copyright. In determining whether the use made of a work in any particular case is a fair use the factors to be considered shall include:

(1) the purpose and character of the use, including whether such use is of a commercial nature or is for nonprofit educational purposes;

(2) the nature of the copyrighted work;

(3) the amount and substantiality of the portion used in relation to the copyrighted work as a whole; and

(4) the effect of the use upon the potential market for or value of the copyrighted work. "