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WinMX World :: Forum  |  Discussion  |  WinMx World News  |  Greed to the tune of 1.57billion euros!
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Author Topic: Greed to the tune of 1.57billion euros!  (Read 981 times)

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Offline ..Ñøßߥ..

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Greed to the tune of 1.57billion euros!
« on: April 06, 2006, 03:41:13 pm »
http://www.thepeninsulaqatar.com/Display_news.asp?section=Business_News&subsection=market+news&month=April2006&file=Business_News2006040611642.xml

Quote
BRUSSELS: A levy on electronic gadgets sold in the European Union is an extra tax that hinders competition and limits consumer choice, a new industry alliance said yesterday.

The levy dates to the 1960s when it was introduced on blank tapes to compensate performers for private copying of copyright music.

“This levy is designed for the analogue 1960s and not applicable to the digital age,” Mark MacGann, spokesman for the new Copyright Levies Reform Alliance, told reporters. It is imposed on manufacturers and importers but passed on to consumers to bump up the price of gadgets ranging from iPods to copiers and scanners.

The levy, for example, on an iPod digital music player ranges from 2.56 euros in Germany to 18 in Austria and 90.6 in Spain, the alliance said. There is no levy on gadgets in Britain, Ireland, Luxembourg, Cyprus and Malta.

The alliance wants the system reformed because for some products such as digital music players, consumers already pay a copyright fee on downloaded music and other content.

MacGann said the levy is so high on electronics sold in some EU states that it wipes out profit margins and suppliers avoid entering the market, limiting consumer choice and competition.

EU states where the levy is imposed are expected to collect 1.57 billion euros this year and 2.12 billion in 2009.

The alliance was launched yesterday to persuade the European Commission to enforce a 2001 EU copyright directive more stringently, particularly a clause that allows for the scrapping of levies.

The levies are collected by collecting societies on behalf of performers, but MacGann said that due to disputes over how much should be paid, industry also sets aside 3 billion euros a year to cover disputed amounts


Will there be no end to the greed in some countries? seems the cartel just want a cut on everything, as far as i am concerned, if they charge a levy on blank media, they cant' complain when the public uses the media to copy artists work, meanwhile effectively pushes up comsumer electronic prices and in some case surpressing the market, is that really any good for anyone?  perhaps its just my common sense thats off?

I need a sexy newsreaderess to help cover the p2p news whilst Ghost is chilling in the Caribean, all 21yo swedish female and willing bikinni models considered.... :twisted:

Offline GnarlySnarly

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Re: Greed to the tune of 1.57billion euros!
« Reply #1 on: April 06, 2006, 05:34:55 pm »
Imposing this method on the consumers obviously buys the right to download copyrighted music.  This then pre-empts further extortion by the IP hoarding industry.  They and the artists have been paid their faur share.  The fact that they choose to hold onto the 3 billion euros each year and not distribute it to the artists is not the fault of the fans or consumers.

A tax on media added for the purpose of compensating copyright holders pre-empts further claims and makes downloading and burning copies to audio-CD legal even in the USA.

Offline ..Ñøßߥ..

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Re: Greed to the tune of 1.57billion euros!
« Reply #2 on: April 06, 2006, 07:52:23 pm »
Imposing this method on the consumers obviously buys the right to download copyrighted music.  This then pre-empts further extortion by the IP hoarding industry.  They and the artists have been paid their faur share.  The fact that they choose to hold onto the 3 billion euros each year and not distribute it to the artists is not the fault of the fans or consumers.

A tax on media added for the purpose of compensating copyright holders pre-empts further claims and makes downloading and burning copies to audio-CD legal even in the USA.


I couldnt agree more......

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