<story><title>I bought a CD, not a licensing agreement</title><url>http://gcn1.posterous.com/i-bought-a-cd-not-a-licensing-agreement</url><text></text></story><parent_chain></parent_chain><comment><author>haroldp</author><text>Exactly right.  You don&apos;t have a license to the CD.&lt;p&gt;If a work has been given a copyright, the government has granted the holder a temporary, limited monopoly on reproduction of that work.  When you buy a CD, you will almost always see, stamped somewhere on it, (c) Copyright $year, $holder, All Rights Reserved.  This is not strictly necessary, but they just want to make it clear: No Rights Granted.&lt;p&gt;The copyright holder has all the rights to the work, and you are granted none beyond &quot;fair use&quot; rights (quoting small portions for critique, backup, resale, etc) defined in copyright law.  You &lt;i&gt;specifically&lt;/i&gt; don&apos;t have a license.</text></comment>
<story><title>I bought a CD, not a licensing agreement</title><url>http://gcn1.posterous.com/i-bought-a-cd-not-a-licensing-agreement</url><text></text></story><parent_chain></parent_chain><comment><author>phsr</author><text>When will recording companies realize the issues with the current system?&lt;p&gt;I really wish iTunes operated like Steam.  You buy a song, and can download it as often as you need to.  You dont have to worry about deleting/losing your MP3, because you could just go download it again, no charge.&lt;p&gt;I commend bands like NIN and Radiohead, where they offered an album for digital consumption at no cost.  In reality, bands make most of their money from touring anyway</text></comment>