A new book by the US Harvard professor William W. Fisher provides the first very detailed overview on the digital music distribution and related issues that have been going on in the Internet lately. The most valuable part in the book are three scenarios, on copyright as real property rights; on copyright as a heavily regulated industry; and thirdly on alternative compensation systems. This approach opens totally new perspectives to the options for the current situation. Especially the chapter on alternative compensation systems will inevitably shape the global discussion on the future of copyright.

William W. Fisher III: The Promises to Keep. Stanford University Press 2004.
2 chapters available online
http://www.tfisher.org/PTK.htm