Re: Judge Orders Google to Turn Over YouTube Records
Oh yeah the killer is the way they work it the label loans you the money for you to record your music and then you not only owe them the money back but they own the recording.
That's where a lot of bands got beat up by Napster because they never sold enough to pay the label back (at their tiny royalty rate) so they still owe. If they try to put out something on their own or go to a different label that first label wants to get paid!
That's why it's so great that everything is expanding and yeah we don't need them anymore. Just like we don't need Clear Channel Communications and LIve Nation either.
But if anyone is really worried about the YouTube thing just remember that when they first started these questions of legality came up all over CNN and in the trades. Everyone has known about it and it's been a long time coming.
There is no reason to think that it will have any effect on any of us.
It's simply you do not have the right to make money in anyway of others intellectual properties without paying them.
And it isn't at all like Napster which was proven to be designed only to steal music in a court of law a great deal of time after we all knew it was.