Chapter 4: Chuck D and Lars Ulrich

While Erik Schmidt sees property rights as fundamental in today's world, he wants publishers to be represented but also wants to encourage the use of such intellectual properties. He believes all this info should be available to people but made out in a way so that people would not mind paying for it (he gives iTunes as an example, as they charge a small amount per song and it's enough for people to want to use it). Chuck D has no problem with the sharing of music on the internet. He argues that while the invention of radio and cassette players also threatened intellectual property, it has done nothing wrong. In fact, he argues that putting music on the internet is a great way to expose people to music which may even be the next big thing, and he believes people should not be restricted from that. Lars Ulrich believes differently and wants this restricted. He says that while it isn't about money, it is about control, and that the publisher (in this case Metallica) should have the rights to distribute it and give it to the public, much like albums they sell. In his eyes this may devalue his own work and in turn the market prices for his work, which is a key issue at stake.