IRFA is a bill seemingly written by Pandora to stick it to copyright holders and pad their bottom line.
Other Internet radio firms are doing fine. Spotify’s growing. Apple is reportedly in negotiations with copyright holders to create their own service. Pandora is probably feeling the competitive pinch since Spotify came over from Europe, and instead of competing and innovating, wants the government to pull a Net Neutrality and shift some rents their way.
Why do we want to impose price controls? Look, if you came to me and said here’s a bill to deregulate the whole thing, I’d be all for that. But IRFA doesn’t deregulate. It tightens regulations. It picks winners and losers.
This is the same old stuff we’ve been seeing from Washington since January 20, 2009. Washington has been tilting the playing field for all those hipster-filled online firms that love Obama, and worked to re-elect Obama, and now they’re trying to wrap a free market flag around it and get us to sign on.
Didn’t we settle the price controls debate decades ago? Reject IRFA, Republicans. Thanks.
Continue reading »