This amazing bit of news was forwarded by Fred Benenson of Free Culture @ NYU. It’s amazing news and a critical development for the online music space. You can get more information at the RARA site and I’ve duplicated their message in full below without commentary:
From: Press Contact <email@example.com>
Date: Mar 31, 2007 7:58 PM
Subject: MAJOR RECORD LABELS WITHDRAW FROM RIAA
MAJOR RECORD LABELS WITHDRAW FROM RIAA
Apple and Microsoft Help Launch RARA: Respect Artist, Respect Audience
April 1, 2007 (Hollywood, CA) – In a major break from the litigious and often alienating strategy pursued by the Recording Industry Association of America (RIAA) against everyone from preteens to college students and grandmothers, the four major record labels have decided to drop all pending lawsuits and instead join with Apple and Microsoft to eliminate Digital Rights Management (DRM) from music sales. The companies are joining other personal electronics manufacturers and independent labels in a new organization, Respect the Artist, Respect the Audience (RARA).