GOOGLE, AMAZON AND PANDORA JOIN FORCES TO FIGHT MUSIC INDUSTRY OVER ROYALTY RATES
I suppose this is to be expected. What business doesn’t try to lower their input costs?
In the article several people have some very strong words for the MIC coalition and I mostly agree with the comments. It seems obvious, and it’s been said many times before, that artists need to be paid for their work. What’s also obvious is that great big publicly traded companies who are always trying to push costs down and push up their stock price, ideally want to pay zilch for the content they piggy back on. I have no idea how all of this will play out, but as an artist, I sure do hope that recorded music doesn’t end up going to zero.