Monday, January 01, 2007

RIAA sues AllofMP3 for $1.65 trillion // Zeropaid.com:

As I previously reported, technically AllOfMP3 does obey the law-Russian law. It pays the standard 15% Russian licensing fee that applies to online music to ROM, the Russian Organization for Multimedia & digital systems. ROM is the Russian equivalent of the RIAA, and according to their website they are "...the national Russian organization providing professional collective management of authors’ property rights and protection of interests of rights holders in cases of use of their works in digital interactive networks, including the Internet." But, unfortunately for AllOfMP3 the RIAA doesn't recognize ROM's legitimacy, perhaps out of fear that it would help legitimize AllOfMP3 and erode their position against it.

11:41 PM

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