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4 Comments
- dato62, on 09/26/2008, -0/+1oh =) 10.5%!!! perfect.
- pigfister, on 09/24/2008, -0/+1Now the way out was for webcasters to stream indie only labels but the RIAA saw right through this and said;
"WE CONTROL DISTRIBUTION AND YOU WILL ONLY HEAR WHAT WE WANT YOU TO HEAR!"
http://slashdot.org/article.pl?sid=07/04/29/033522 ...
FTA: "With the furor over the impending rate hike for Internet radio stations, wouldn't a good solution be for streaming internet stations to simply not play RIAA-affiliated labels' music and focus on independent artists? Sounds good, except that the RIAA's affiliate organization SoundExchange claims it has the right to collect royalties for any artist, no matter if they have signed with an RIAA label or not. 'SoundExchange (the RIAA) considers any digital performance of a song as falling under their compulsory license. If any artist records a song, SoundExchange has the right to collect royalties for its performance on Internet radio. Artists can offer to download their music for free, but they cannot offer their songs to Internet radio for free ... So how it works is that SoundExchange collects money through compulsory royalties from Webcasters and holds onto the money. If a label or artist wants their share of the money, they must become a member of SoundExchange and pay a fee to collect their royalties.'"
http://www.dailykos.com/storyonly/2007/4/24/141326 ...
RIAA, SOUNDEXCHANGE, BPI, IFPI, Ect:
# Sony BMG Music Entertainment
# Universal Music Group
# Warner Music Group
# EMI
MPAA:
# The Walt Disney Company
# Sony Pictures
# Paramount Pictures Viacom—(DreamWorks owners since February 2006)
# 20th Century Fox (News Corporation)
# Universal Studios (NBC Universal)
# Warner Bros. (Time Warner) - gospe1337, on 09/24/2008, -0/+1I can't wait until record labels who haven't adapted have their Board of Directors doing back flips out the top story.
- techguru2006, on 09/24/2008, -0/+110.5%... jesus that's high... I bet you FM radio pays a fraction of that.
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