Teledyn is calling on contributors and angel investors to fund a new distributed music distribution system that actually pays and in the process launch a plan to anihilate the cash stream that sustains the RIAA by obsolescing the music CD as a medium for music exchange. Roughly put, the funding is to create a Howard Dean style network of interconnected promotion portals ...

a new portal where subscribing promoters and studios could directly announce their content and recording sessions, but where any RSS-enabled band, promoter, studio or venue could get their feed aggregated for the cost of an email message telling me the URL. I would develop the core engine, host the site, moderate and maintain the site, weed the spam, roll out new services, and fold all custom developments back into the creative commons

Which is simple enough, but the second stage of the plan is where it really gets going, because it's a plan to evoke a cultural shift to reduce the CD to what it is, an obsolete poor excuse for cheap broadband.

[ Source: TeledyN: How to Slay the RIAA ]