I wonder if we can go back to that and still compensate artists.
Have a music sharing service accessible via subscription. You can share anything you want including copyrighted music. If someone downloads copyrighted music from you, detected via audio fingerprinting, the service will pay the copyright holder from subscription fees - kind of like how streaming services do it now.
Granted this would require copyright holders to all buy-in but I guess we can just exclude the music of non-cooperating copyright holders from the network, again via fingerprinting, although this “restricted form” of the service will be of lesser value.
Now that I think about it, in a way, I feel YouTube has already taken up this role in the aforementioned restricted form since it publishes everything without seeking anyone’s permission and only removed stuff if there are complains.
Have a music sharing service accessible via subscription. You can share anything you want including copyrighted music. If someone downloads copyrighted music from you, detected via audio fingerprinting, the service will pay the copyright holder from subscription fees - kind of like how streaming services do it now.
Granted this would require copyright holders to all buy-in but I guess we can just exclude the music of non-cooperating copyright holders from the network, again via fingerprinting, although this “restricted form” of the service will be of lesser value.
Now that I think about it, in a way, I feel YouTube has already taken up this role in the aforementioned restricted form since it publishes everything without seeking anyone’s permission and only removed stuff if there are complains.