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Submission + - A Dream for Music, but Labels’ Nightmare (

langelgjm writes: Michael Robertson, a "serial entrepreneur" of fame, has made Slashdot news several times before. A recent article in the New York Times (registration may be required) discusses MP3tunes, the successor to MP3tunes allows you to rip your entire CD collection and store it online, whence it can be streamed to computers and various internet-equipped devices, including the iPhone and Android, and even the Playstation and Wii. However, the record industry is in the midst of a lawsuit against Robertson and his service, claiming that he should be paying licensing fees. The industry points to its blessed competitor, Catch Media, as the proper alternative: "Mark Segall, its business development adviser, says the company will soon announce which music companies will use the technology but suggests that consumers will have to pay a "convenience fee" for streaming their music from the Web, comparable to charges at an A.T.M. Won't people balk at paying again to listen to R.E.M. songs they have owned since the 1980s? Catch Media hopes not."
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A Dream for Music, but Labels’ Nightmare

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