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WinMX World :: Forum  |  Discussion  |  WinMx World News  |  How The RIAA Get Fat On Your Cash
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Author Topic: How The RIAA Get Fat On Your Cash  (Read 814 times)

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Offline GhostShip

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How The RIAA Get Fat On Your Cash
« on: August 14, 2006, 03:07:26 pm »
A few facts here folks

http://www.boycott-riaa.com/facts/truth

Quote
Every Music CDR since the AHRA was enacted has a hidden tax built into the price! (2% of the manufacturers sales) This is supposedly to pay the artists for home recording. Who Collects the Tax? The RIAA under the auspices of the AARC. Supposedly, 40% is set aside for artists, and 60% for the labels. To date I have not found an artist who has received even one cent of this money. (Source: RIAA website) In addition every CD recorder has a $2.00 surcharge built into the price that goes directly to the RIAA
The artists received not one cent of the money from the MP3.Com settlements of approx $158 Million to the labels.
Who did??? The label themselves.

Theres plenty more facts to view folks, one I never saw on the site was the fact that the RIAA pay no tax either as it has set itself up as some kind of  non-profit/charity organisation, nice to know huh folks ? 

Offline GhostShip

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Re: How The RIAA Get Fat On Your Cash
« Reply #1 on: August 14, 2006, 03:22:33 pm »
On that same page folks is a nice link to how the Artists are scammed and by how much under a recording company deal.

http://www.negativland.com/albini.html

And this old link here shows how they ripped off the consumers to the tune of 480 Million before the authorities clamped down on their Cartel activites.

http://www.ftc.gov/opa/2000/05/cdpres.htm


Wonder what else Foks can dig up  :)



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