Foundation

Next time you wonder why there is such a push to pick winners and losers with regulation, remember that industries like broadcast TV don’t like to become buggy whip makers, so they have to go after firms like Aereo who innovate and threaten traditional revenue streams.

Which is why, as much as I do agree that there are a number of piecemeal copyright reforms we should make, I disagree that fixing radio regulation isn’t a good idea. We have a system in place now called ‘compulsory licensing’ which is designed to rig the marketplace. Getting to a free market is a valuable thing. Copyright is probably too strong, but this isn’t where we need to trim it back, at all.

Let’s walk and chew gum at the same time. Let’s take on targeted copyright reform as Derek Khanna suggests, while also deregulating radio/music licensing.