In this clip from www.artistshousemusic.org – Russell Rains, Director of the MBA Program in Digital Media Management at St. Edward’s College in Austin TX, leads a discussion at Loyola University, New Orleans about how copyright law applies to sound recordings in the USA, how digital media and digital rights management relate to copyright, and what the future may hold. He explains what rights the purchaser of a sound recording has, why record companies love digital rights management, how Creative Commons may transform copyright law, how new technology and distribution methods are making current law obsolete, and how current events are shaping the future of copyright law.