“We are currently very far along in negotiations with representatives of the recording industry to formulate a workable compromise. We regret that an out-of-context portion of these discussions was disclosed to the public by an unknown source prior to being fully evaluated. It has been the policy of the RAC to keep these discussions private. We will maintain this policy until we have actual news to report.”
And if we knew actual news when it kicked us in the head… well, ’nuff said. The next RAC/RIAA hearing kicks off Monday in Sacramento.
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