Report: The record labels continue to leech all the money that should be going to artists, songwriters

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Report: The record labels continue to leech all the money that should be going to artists, songwriters

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The following comments relate to this news article:

Report: The record labels continue to leech all the money that should be going to artists, songwriters

article published on 8 February, 2015

Thanks to a new report from Ernst & Young in conjunction with French record label trade group SNEP, we can see that artists and songwriters continue to get screwed by the major record labels. The report broke down where the money that consumers are paying towards Deezer and Spotify really goes; and it's not going into the artist's pockets. Of the 9.99 euros that are paid for a premium ... [ read the full article ]

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beanos66

Member

8. February 2015 @ 15:47

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So everytime I download an album from usenet that is money not being spent on cocaine by record execs.

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Mrguss

Senior Member

8. February 2015 @ 16:20

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Originally posted by beanos66:
So everytime I download an album from usenet that is money not being spent on cocaine by record execs.

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Live Free or Die.
The rule above all the rules is: Survive !
Capitalism: Funnel most of the $$$ to the already rich.

This message has been edited since posting. Last time this message was edited on 8. February 2015 @ 16:23

scorpNZ

AfterDawn Addict

4 product reviews

8. February 2015 @ 18:59

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It really is true the biggest pirates are the record labels even out stripping actual pirates..lol..

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http://www.afterdawn.com/guides/

Interestx

Senior Member

12. February 2015 @ 14:29

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Originally posted by scorpNZ:
It really is true the biggest pirates are the record labels even out stripping actual pirates..lol..

...as court cases for the last 4 decades show time after time.
The record companies have a very long track record of stealing from & totally ripping off the artists.

Personally I think the whole 'piracy' thing is sheer distraction, struggling (and therefore largely unknown) artists are not the target of downloaders, it is the record industry that has been vampires paying a laughable pittance out of every £/$ earned whilst bleating about the costs of 'investing' in new talent.
This seems to equate to various awful TV shows churning out wannabes who sound & look like anyone else you ever saw in the past 3 - 5yrs, with a cynical detour to rehash 50's, 60's, 70'S & 80's sounds periodically thrown in.
No wonder so many find so much contemporary music boring.

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