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EMI to sell songs without DRM

EMI is set to announce today that it will be selling music through iTunes without DRM. The Wall Street Journal reports this morning that EMI had been considering dropping DRM well before Steve Jobs's controversial essay about the subject, but had had difficulty extracting payments from music vendors in compensation for potential lost revenues:

EMI temporarily shelved plans to drop DRM after various iTunes competitors declined to guarantee significant "risk insurance" payments designed to offset potential losses from the move. It is unclear whether Apple has guaranteed any such fee.

So is that the new business model? Music companies will assess the potential "pass along" risk of music copying, and charge vendors for that? The physical analogy would be if Random House charged Barnes & Noble a fee to cover potential lost revenues when people loaned books to their friends (instead of the friends buying the books themselves).

Have a little crazy with your coffee this morning.
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