This is a great idea. You guys are fools. We live in a free enterprise. The major labels exist in order to make a profit. The artist is simply a tool to create revenue. Fuck them. If they can't make a label money through album, merch, ticket sales, then they don't deserve to be signed. My brother, who recently lost his job and now homeless, used to be a public relations rep, but because of the decline of CD sales, he was laid off. It was because of all you illegal downloaders. I wonder if you sleep well at night. You scumbags.
i hope you hate every indie in the business and itunes then too, because look at the facts buddy - music sales went up, not down...CD sales went down. music sales went up by 14%, according to soundscan. and the reason why majors are laying people off despite that? a) people aren't buying full CDs, they're buying single tracks (so you can blame itunes), because now...they can! and b) people are buying more independent records (so you can blame the indie labels).
seriously. this is total bullshit.
The groups think that the current mechanical rate of about 9 cents, used to calculate how much songwriters get from CD sales, is too high. As the music industry suffers a downturn in overall revenues, these groups argue that songwriters have to accept less money in order to keep the whole industry alive.
what?? what the FUCK?! how does that make any sense? i mean, i'm no accountant or economist or idk even whoever would handle that, but i just can't even begin to work out that logic. it's just not even close to logic.
personally i think songwriters should get the same royalties as they do from physical cd sales. more would be nice too, but the same makes the most sense to me.
as far as streaming, i thought that was already done like radio (by performance licenses, not mechanical), but i guess not. huh. not sure where i stand on that.