We said just the other day that the antics of the MPAA (Motion Picture Association of America) and the RIAA (Recording Industry Association of America) are so extreme that it's hard to tell fact from fiction so, we probably shouldn't have be surprised to learn that the US record industry - as represented by its trade body the RIAA - wants to cut the royalties it pays to musicians and song-writers, reducing the rates that were agreed back in 1981.
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