| ▲ | dbspin 2 hours ago | |
> an industry body that exists to protect the IP of artists for the mutual benefit of artists and publishers. This is the most unintentionally hilarious misunderstanding of what the RIAA does, and the power relationship between artists and publishers I've read in years. In practice the RIAA exists to maintain the copyright monopoly of a few major labels. Rent seeking from the non-artist owned catalogues of the enormous majority of musicians who never 'recoup' their initial record deal. > While it's seductive to carve the world up into goodies and baddies, it doesn't make it true. It's far more seductive (since it's the default) to assume class relations don't exist, and wealth distribution is meritocratic. There may not be 'goodies and baddies', but there absolutely are rentiers and workers, billionaires and plebs. All the major labels are public companies. Which means it's the very same people - the investment class, who claim ownership and extract wealth from say Warner and Open AI (should it make any money - obviously the whole house of cards could come down first). | ||