
September 17th, 2003, 04:58 PM
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Lieutenant Colonel
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Join Date: Jan 2002
Location: Dundas, Ontario, Canada
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Re: OT: RIAA and Their Law Suits
Quote:
Originally posted by tesco samoa:
The Copyright Board of Canada administers the Copyright Act and sets the amount of the levies on blank recording media and determines which media will have levies imposed. Five years ago this seemed like a pretty good deal for the music industry: $0.77 CDN for a blank CD and .29 a blank tape, whether used for recording music or not. Found money for the music moguls who had been pretty disturbed that some of their product was being burned onto CDs. To date over 70 million dollars has been collected through the levy and there is a good possibility the levy will be raised and extended to MP3 players, flash memory cards and recordable DVDs sometime in 2003.
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Hehehe I'd forgotten they did this. How nice for the music industry that I pay them for all the CD Roms I buy that are used exclusivly for backing up data and giving out large files to our clients. Of course no doubt the music industry is handing all those profits back to the artists. 
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