Members blue2blue Posted July 15, 2015 Members Share Posted July 15, 2015 A new report released today by the Berklee College of Music's Institute for Creative Entrepreneurship details what it repeatedly calls a "lack of transparency" in the music business. Titled "Transparency and Money Flows," the 28-page report also gives recommendations that highlight the labyrinthine complexity of the current system. The output of a year-long study, the report cites estimates "that anywhere from 20-50 percent of music payments don't make it to their rightful owners." Proposed fixes include better behind-the-scenes technologies, a "Creator's Bill of Rights," a "Fair Music" seal and education campaigns. http://www.npr.org/sections/therecor...ys-next-battle Link to comment Share on other sites More sharing options...
Members UstadKhanAli Posted July 15, 2015 Members Share Posted July 15, 2015 Whewwwwww.......I'm glad it's as high as it is!! Link to comment Share on other sites More sharing options...
Members blue2blue Posted July 15, 2015 Author Members Share Posted July 15, 2015 I left my Ferrari in the Black Box. And then the Black Box fell into a black hole... and when the Ferrari came out the other end of the dimensional wormhole, some damn label accountant was driving it. [Not really. I've never been signed or much wanted to be, based on observing the music biz careers of a number of friends and acquaintances.] Link to comment Share on other sites More sharing options...
Members Anderton Posted July 15, 2015 Members Share Posted July 15, 2015 Does this mean I'll get my back royalties? Somehow, I doubt it... Link to comment Share on other sites More sharing options...
Members Anderton Posted July 15, 2015 Members Share Posted July 15, 2015 It just occurred to me that maybe part of the problem is that they can't quantify it any better than "20% to 50%." If after a year of study they can't narrow it down any further than that, the music industry must be somewhere beyond opaque. Link to comment Share on other sites More sharing options...
Members UstadKhanAli Posted July 15, 2015 Members Share Posted July 15, 2015 I was in the studio one day, playing some keyboards for a session. We were all getting paid right away. I got paid. The recording engineers got paid. The guy designing the CD cover was getting paid. The people doing the video were getting paid. The artist/songwriter? No. He'd have to wait. If the record company recouped its finances, then the artist/songwriter would get paid bi-annually. Just struck me as funny. Link to comment Share on other sites More sharing options...
Members Anderton Posted July 16, 2015 Members Share Posted July 16, 2015 If they record company recouped its finances, then the artist/songwriter would get paid bi-annually. You forgot to add "maybe." Link to comment Share on other sites More sharing options...
Members UstadKhanAli Posted July 16, 2015 Members Share Posted July 16, 2015 I did. Good catch. Link to comment Share on other sites More sharing options...
Members AlamoJoe Posted July 16, 2015 Members Share Posted July 16, 2015 If one could instantly recoup all the royalties musicians have gotten screwed out of by Labels, managers, et. al. You could probably go a long way towards paying off the National Debt of The United States of America. Unless you got the Government of The United States of America involved. Particularly the Congress of The United States of America. I'll wager if you could go all the way back and get all the money that Troubadours all the way back in time got screwed out of...You could end World Hunger. As long as there are creative people doing creative things they are compelled by their nature to do, There will be people whose only gifts are those involving separating people from those monies. Link to comment Share on other sites More sharing options...
CMS Author MikeRivers Posted July 16, 2015 CMS Author Share Posted July 16, 2015 Get out your guitar and your hat and play on the street. That's how to get paid right away. Link to comment Share on other sites More sharing options...
Members 1001gear Posted July 16, 2015 Members Share Posted July 16, 2015 Like the credited actually came up with the stuff... Link to comment Share on other sites More sharing options...
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