Musicians have been in virtual surfdom over the ownership of their mechanical & other publishing rights.
It has caused some of the most famous artists to see little to no income.
It is an act of profound bravery that @taylorswift13 stands up for—change.pic.twitter.com/dnoQBO75Ep
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I get that. And yet, producers will lose money on 90% of their artists and make it back 10X off the one who hits. It’s not cool, but ... And Taylor Swift is not really hurting, financially :)
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John. Indeed. But she is hurting her future by doing this. It isn’t about the money it is about granting a new standard contract for young artists. A fair contract for the digital era. The current standard is from the 1950s. If we don’t change we lose our artists over time.
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