Mon, 24 Jun 2002 23:22:49 GMT

by Charles Miller on June 25, 2002

From Jamie Zawinski; nightclub owner, webcaster and hacker.

Burn, Hollywood, Burn.

Wow, check this out, from RAIN (Radio and Internet Newsletter): the author of the Yahoo deal on which the new RIAA webcasting royalty rate was based has come forward to say that the deal was specifically designed to make it impossible for small webcasters to compete!

Mark Cuban says:

Now, no one asked me any of these things prior, during, or after the first or second pricing. I'm not sure that this matters. But if it does, here it is: The Yahoo! deal I worked on, if it resembles the deal the CARP ruling was built on, was designed so that there would be less competition, and so that small webcasters who needed to live off of a "percentage-of-revenue" to survive, couldn't.

Please don't drop dead of non-shock.

Previously: Mon, 24, Jun 2002 08:17:00 PM

Next: Mon, 24 Jun 2002 23:41:57 GMT