Barry Diller, chairman and chief executive officer of IAC/InterActiveCorp, said Web users will have to pay for what they watch and use, joining the refrain of media moguls who say an era of free Internet content is ending.

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“We have ample evidence both in traditional and new media that people are willing to pay for quality, to pay for choice and to pay for convenience,” Iger said. “And they are willing to pay for what they perceive as value.”

The agreement also calls for all pureplays to pay an annual minimum fee of $25,000, which can later be applied to royalties. [Goodbye to indie radio stations?]

Newspaper ad revenues fell by almost 8 percent in 2007, a surprising drop in a non-recession year (the current economic downturn began in the late fall of that year), and by almost 23 percent the following year, and accelerated this year. [...] Expanding copyright law to bar online access to copyrighted materials without the copyright holder's consent, or to bar linking to or paraphrasing copyrighted materials without the copyright holder's consent, might be necessary to keep free riding on content financed by online newspapers from so impairing the incentive to create costly news-gathering operations that news services like Reuters and the Associated Press would become the only professional, nongovernmental sources of news and opinion.

According to the first empirical study of its kind in the UK, by Cambridge law professor Patricia Akester, it's the former. DRM is so rage-inducing, even to ordinary, legal users of content, that it can even drive the blind to download illegal electronic Bibles.

A Los Angeles Federal court has rendered a $110 million judgment against Valence Media, the company which operates the now defunct TorrentSpy. This judgment represents the culmination of a lengthy decline for TorrentSpy, which was slowly strangled to deat