Fascinating article in the Toronto Star last week.

The Songwriters Association of Canada proposes a $5 monthly fee on subscribers’ Internet bills that would make it legal to download music and hopefully save the failing music industry.
THE PROBLEM
Sales of CDs are down 20 per cent worldwide and 35 per cent in Canada, compared to 2006.
An estimated 1.6 billion music files are downloaded in Canada each year on “grey-market” peer-to-peer systems, representing $1.6 billion in lost revenue, using the iTunes price model of 99 cents per download.
The total number of purchased downloads in Canada was 38 million in 2005. The ratio of shared to paid downloads is 98:2 (98% shared files vs. 2% purchased downloads).
Virtually every song ever recorded is available through peer-to-peer file-sharing (more than 79 million recordings). Only 3 million songs are available on legal sites.
Sources: Songwriters Association of Canada; Canadian Record Industry Association; PricewaterhouseCoopers LLB
WHAT’S THE PLAN?
SAC is calling for the creation of the Right to Equitable Remuneration for Music File Sharing, which would make it legal to share music on peer-to-peer networks in exchange for the monthly fee. The fee – amounting to an estimated $500 million to $900 million annually in Canada – would be administered by a collective of artists, songwriters, music publishers and record labels. “Monetizing peer-to-peer file-sharing would generate significant new revenue for creators and the music industry,” says acting SAC president Eddie Schwartz, “and re-establish revenue levels (for songwriters) that we haven’t seen since 2000-2001.”
Links -
Toronto Star - www.thestar.com
Songwriters Association of Canada – www.songwriters.ca
So what do you think? In principle I don’t hate the idea. I know that artists and labels are at their wits’ end trying to come up with a solution to get back to the glory days of the late 80′s and early 90′s. They know that there is money out there to be made and they need to find a way to make it.
As an artist, I believe 100% in the privilege of copyright and the duty that owners have to guard that copyright. I also sympathize 100% with those who are looking for a better way to allow their creative works to be distributed to the masses.
All I know is that it’s been around 18 months since I’ve actually purchased a physical CD. As a musician and consumer of music that must speak volumes to the music industry.