Two college students who thought they'd found a way to give their peers access to a huge music library without running afoul of copyright law hit a snag when the school shut down the service in the midst of a licensing dispute.
The "LAMP," or "Library Access to Music" system officially went live Monday, pumping music into dorm rooms over the Massachusetts Institute of Technology's cable television network.
By sending the music over cable, rather than swapping files over the Internet, the system avoided making an exact copy of the music and was expected to face lower copyright law hurdles.
The students, Keith Winstein and Josh Mandel, said they had negotiated for the Harry Fox Agency, the mechanical licensing arm of the National Music Publishers Association, to grant a license to a Seattle-based company called Loudeye to sell the school thousands of MP3s for the system.
But even last week as the system prepared to go live, there was confusion. The Harry Fox Agency said no such license was complete, while Loudeye insisted it was.
On Friday, MIT issued a statement saying it was shutting down the system at least temporarily while it pursued clarifications with Loudeye and make sure the system was legal.
"We have taken it down temporarily to show good faith and because the whole point is to be very, very careful and obey the copyright law," said Winstein, 22, adding he was confident the situation could be resolved.
In its statement, MIT said it was assured by Loudeye that the company was authorized by the record labels to sell the music. But after the service was launched, "Loudeye informed us that some of their assurances may have contacted us and apparently recognizes its responsibility to compensate creators for the use of their works. Universal looks forward to discussing how to make that possible."
MIT said the school "continues to be committed to developing a fully licensed service."
On Tuesday, US President Donald Trump weighed in on a pressing national issue: The rebranding of a restaurant chain. Last week, Cracker Barrel, a Tennessee company whose nationwide locations lean heavily on a cozy, old-timey aesthetic — “rocking chairs on the porch, a warm fire in the hearth, peg games on the table” — announced it was updating its logo. Uncle Herschel, the man who once appeared next to the letters with a barrel, was gone. It sparked ire on the right, with Donald Trump Jr leading a charge against the rebranding: “WTF is wrong with Cracker Barrel?!” Later, Trump Sr weighed
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) secured a record 70.2 percent share of the global foundry business in the second quarter, up from 67.6 percent the previous quarter, and continued widening its lead over second-placed Samsung Electronics Co, TrendForce Corp (集邦科技) said on Monday. TSMC posted US$30.24 billion in sales in the April-to-June period, up 18.5 percent from the previous quarter, driven by major smartphone customers entering their ramp-up cycle and robust demand for artificial intelligence chips, laptops and PCs, which boosted wafer shipments and average selling prices, TrendForce said in a report. Samsung’s sales also grew in the second quarter, up
HEADWINDS: Upfront investment is unavoidable in the merger, but cost savings would materialize over time, TS Financial Holding Co president Welch Lin said TS Financial Holding Co (台新新光金控) said it would take about two years before the benefits of its merger with Shin Kong Financial Holding Co (新光金控) become evident, as the group prioritizes the consolidation of its major subsidiaries. “The group’s priority is to complete the consolidation of different subsidiaries,” Welch Lin (林維俊), president of the nation’s fourth-largest financial conglomerate by assets, told reporters during its first earnings briefing since the merger took effect on July 24. The asset management units are scheduled to merge in November, followed by life insurance in January next year and securities operations in April, Lin said. Banking integration,
LOOPHOLES: The move is to end a break that was aiding foreign producers without any similar benefit for US manufacturers, the US Department of Commerce said US President Donald Trump’s administration would make it harder for Samsung Electronics Co and SK Hynix Inc to ship critical equipment to their chipmaking operations in China, dealing a potential blow to the companies’ production in the world’s largest semiconductor market. The US Department of Commerce in a notice published on Friday said that it was revoking waivers for Samsung and SK Hynix to use US technologies in their Chinese operations. The companies had been operating in China under regulations that allow them to import chipmaking equipment without applying for a new license each time. The move would revise what is known
RSS