Get ready for the biggest con job seen in the UK so far folks.
http://www.theregister.co.uk/2008/06/26/music_service_provider_talks/The UK would become the second country after South Korea where the music business has agreed to offer licenses to file sharing services in a bid to reverse declining revenues. The co-operation follows the intervention of "Brown's Fist", the former advisor and Parliamentary Under-Secretary at BERR (the Department for Business, Enterprise & Regulatory Reform) Baroness Shriti Vadera. Vadera is understood to have threatened both the ISP and music businesses with reform and policy intervention, threats which encouraged both parties to open negotiations.
The government is understood to be extremely reluctant to intervene with legislation as it threatened to do earlier this year, and cross-industry agreement to offer attractive consumer broadband music services would mean it wouldn't have to.
No deals have been signed yet and significant details have yet to be addressed. These include the royalty share between mechanical, sound recording and publishing rights holders, and administration issues.
The services require copyright holders to suspend, albeit privately and voluntarily, the exclusive right to copy a sound recording, in exchange for a license
So we get to share our content and the ISPs get to charge others for obtaining that content and pay a percentage of the money raised to the recording industry, regardless of the fact they dont own your work, great trick eh folks.
I think we all know where this sort of idea will fit, I wonder if the folks they had previously scared off of filesharing with all the false facts and legal scare-tactics will wish to take up their ludicrous offer and as to how this will save any ISP bandwidth is beyond me, some people have big dreams it seems.
