They currently receive nothing from the use of their content on the Internet; and they are asking for a flat percentage of 2.5% of revenue. The AMPTP wants to pay .3%, and they claim that it's too soon to tell if they can make significant money from offering content on the Internet. Writers and much of the known universe understandably find this a little absurd, especially as members of the AMPTP continue to tell their stockholders about the millions to be made from new media.
Tuesday, November 13, 2007
Wait a minute.
Isn't 2.5% of "not significant money" not significant enough money to hurt the company if you fork it over?