Isle of Man to offer unlimited downloads for $1.50 / mo.
I just read this on EnjoyTheMusic.com:
Maybe the music industry is finally going to find their best stance as the Isle of Man may soon be offering all the music you care to download for a small monthly fee.
The proposal is for broadband subscribers to pay around $1.50 per month to their Internet service providers for a blanket licensing fee for unlimited music, which will be distributed to the music copyright holders. Since this small island has virtually 100 percent penetration for broadband use, the small additional fee would neatly avoid illegal P2P music sharing problems. Sadly, the music industry is still not fully convinced that this new scheme is the way to go about thwarting piracy problems. Ron Berry, who is the director of inward investment for the Isle of Man, said "A lot of people in the business are concerned with how much money they are losing, but not with how much money they could make." Thankfully the major recording labels, including EMI, Sony Music Entertainment, Universal Music Group and Warner Music Group may eventually warm up to this new technique as it may increase their revenue while avoiding costly investigative and legal bills to prosecute illegal music sharing.