The Secret Is Out: The RIAA Quickly Retreats From Opposition
What’s becoming more and more apparent is that the Emperor Has No Clothes. The Recording Industry Association of America (RIAA) brokers in fear. Maybe they knew right from the get-go that their lawsuits against illegal file sharing didn’t hold water, and if they instituted a climate of paranoia, then their settlement conversion rates would rise dramatically. For the most part, this strategy has worked. Even their lawsuit...
Bonnaroo Festival Buys 530 Acre Farm For $8.7 Million
The promoters of the annual Bonnaroo music festival in Tennessee have paid $8.7 million for the 530-acre farm where the event takes place. According to tofficial records, Bonnaroo producers A.C. Entertainment and Superfly Presents bought the Manchester tract for $8,686,482 from owner Sam McAllister. The deal works out at $16,374 per acre, well above the $8,000-$10,000 per acre the Coffee County Property Assessors office says land is...
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