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Industry committee  Yes. Enable innovators and enable start-ups, as that's where the dynamism comes from, and avoid website blocking.

October 29th, 2018Committee meeting

Michael Petricone

Industry committee  I will just add one thing. I think it may be both. Certainly creators will hopefully change their business model to take advantage of new technologies and the abilities to monetize and reach large audiences. That's a good thing. I think the one thing that I would caution is that....

October 29th, 2018Committee meeting

Michael Petricone

Industry committee  I think it has been gradual, as consumers have been adopting streaming music.

October 29th, 2018Committee meeting

Michael Petricone

Industry committee  It depends on how you want to measure it. One aspect of these new technologies is that they've changed the revenue stream, so not only might there be more or less revenue coming in, but it's also going to different groups. However, there is some good news. According to the RIAA, the Recording Industry Association of America, the first half revenues in the music industry in the United States are up 10%, to $4.6 billion.

October 29th, 2018Committee meeting

Michael Petricone

Industry committee  We just passed a law in the United States called the Music Modernization Act, which basically streamlines how digital music is paid for and incorporates pre-1972 music into our system, because before it was a state-by-state policy, which was unhelpful if you're trying to run a national business.

October 29th, 2018Committee meeting

Michael Petricone

Industry committee  From our perspective, it is a good deal. It contains important elements for the innovation industry. For example, there are limitations on liability for Internet platforms that host third party content, without which the Internet.... It's a fundamental part of the ability of American Internet companies to exist and thrive.

October 29th, 2018Committee meeting

Michael Petricone

Industry committee  What keeps me awake at night is that we'll have some well-intended but overly broad regulation that will prevent new and socially beneficial innovations from hitting the market. What we tend to find in technology is that new technologies come on the market and they are used by consumers in ways that are not originally contemplated.

October 29th, 2018Committee meeting

Michael Petricone

Industry committee  Thank you very much. On behalf of the Consumer Technology Association, I am pleased to participate in the committee's review of Canada's Copyright Act. I am also honoured to appear before you because as a child I lived in Oakville, Ontario, and I have many happy memories of growing up in your wonderful country.

October 29th, 2018Committee meeting

Michael Petricone