American youth seem to perpetually be giving the world new words.  One such word is “pwn.” Wikipedia defines pwn as a “slang term derived from the verb own, as meaning to appropriate or to conquer to gain ownership. The term implies domination or humiliation of a rival.”  Pwn seems to describe exactly what the Recording Industry Artists of America (RIAA) is attempting to do to Pandora.

Pandora has been a supporter of the Internet Radio Fairness Act (IRFA), a bill to restructure royalties paid by Internet radio stations. Royalty rates for Internet radio currently set by the Copyright Royalties Board (CRB) in the Library of Congress seem to bear no relationship to real market forces. The IRFA is intended to encourage record labels to engage in free market negotiations with Internet radio stations by requiring the CRB to take into consideration market conditions and impacts. The idea is that the application of common sense at the CRB would inhibit unreasonable rate setting and make free market negotiations more appealing to record labels. 

RIAA, of course, vehemently opposed IFRA

MORE @ http://www.breitbart.com/Big-Government/2013/12/11/RIAA-Pandora-Internet-Radio