Now that the popularity of downloading has made physical manufacturing and distribution no longer necessary, the next generation of artists will not need to surrender all of their rights in order to get their music into the marketplace. It is therefore crucial that they understand, from the moment that they first post music on the internet, the importance of retaining their long term right to exploit the material that they create. This is doubly important on a networking site where many of the songs posted will be by unsigned artists. Ownership of the rights to such material is somewhat ambiguous. Thats why I hope that the groundbreaking decision of MySpace to come down on the side of the artists rights will be followed throughout the industry.Link (via Waxy)
I also welcome the new wording of the terms and conditions in which MySpace clarify exactly why they require specific rights and how they intend to use them. Again, I hope more sites follow the lead of MySpace in ensuring the use of clear and transparent language in contracts. The last thing any of us wants to see is a situation in which everyone posting a song on the site has to have a lawyer sitting next to them.