Current Events About Internet Radio

In 1998, President Bill Clinton passed the Digital Millennium Copyright Act, DMCA, was signed into law. It was signed to keep up with the modifications of digital media innovations, and it protects copyrighted material that is accessible on the Web. How does this law impact World wide web radio? It limits radio stations online from copyright infringement and streaming music without paying royalties and licensing fees. This law created a lot of controversy between conventional radio station and radio stations on the Internet. In recent news, the controversy is shedding light again in Congress.

President Obama is now discussing royalty laws with Congress about conventional radio stations. In the current DMCA law, only radio on the web has to pay a royalty to performers in addition to the songwriter. They have to pay publishing and performance royalties. Presently, conventional radio stations only pay the publishing royalty which is paid to the songwriter and not the singer. Recent headlines in the news now report that the Obama administration is endorsing that radio stations ought to now pay performance royalties as well.

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The Law of Duality – Every Market Becomes a Two Horse Race, explained by Mike Farrell with aspenIbiz

Early in the lifecycle of a product category, a product ladder with numerous rungs is formed. Gradually, the ladder becomes a two-rung affair.

In batteries, it’s Eveready and Duracell. In rent cars, it is Hertz and Avis. In hamburgers it is McDonald’s and Burger King. In toothpaste, it’s Crest and Colgate.

The Law of Duality suggests that over the product category’s lifecycle, the lower rungs on the ladder will lose marketplace share and disappear the top rung will lose marketplace share, and the No 2 rung on the product ladder will gain marketplace share ensuring the market is a two-horse race.

Are the outcomes preordained? Of course not. There are other laws of advertising that can also have an effect on the results.

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Fallout from WikiLeaks Controversy Shifts Focus to Cybersecurity

According to The Wall Street Journal, Visa, PayPal and MasterCard fielded a host of cyber attacks following the companies’ decisions to block payments to WikiLeaks, the controversial website that has gained national headlines for releasing confidential State Department documents. Visa and Mastercard both suffered site outages last week, while PayPal’s website slowed down but managed to avoid a system crash.

A group of hackers, who went by the name “Anonymous,” released a statement that said they weren’t interested in stealing people’s individual information on these web sites, but instead hoped to raise awareness about the “underhanded” strategies employed by companies to impair WikiLeaks’ ability to function, the news provider reported.

The media outlet said that last week’s cyber attackers were relatively unsophisticated, which raises concern among financial businesses about their capability to thwart more dangerous efforts. Clients who use these online services have known as on organizations to construct a new strategy to guarantee customer security.

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