“Let me explain… A person has a song on her computer hard drive. She clicks on the song and plays it. No one is getting paid. The same person pays iTunes $25 for iTunes Match. She now clicks on the same song and plays it through her iMatch service. Copyright holders get paid,” Price reports. “Same action, same song, one makes money for the copyright holder, and one does not. This is found money that the copyright holders would never have gotten otherwise.”
“Some may complain that it’s not much money. Well, before you were getting zero, now you are getting something. Some people have talked about iMatch being an ‘amnesty’ for those who steal music. It’s not. There is no ‘amnesty’ being granted to anyone by Apple or the record labels,” Price reports. “Seeing an additional $10,000+ appear out of the thin air for TuneCore Artists by people just listening to songs they already own is amazing!”
Read more in the full article here.
[Thanks to MacDailyNews Reader "Matt" for the heads up.]