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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Replying to @BrianRoemmele @taylorswift13
The industry is corrupt and stupid, sure. But, she signed that art away. It’s like a builder whining about not being able to use the house he built and sold.
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Replying to @johnkoetsier @taylorswift13
John, I hear ya. I wish it is that simple. A young arts is confronted with the “standard” contract in the digital era that posits 1000s of financial deductions that don’t apply today. It is designed to lose. There is no leverage as long as this is “standard”.
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Replying to @BrianRoemmele @taylorswift13
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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