David Byrne To Music Labels: Less Makeup, More Content In a SXSW speech entitled Record Companies Who Needs Them?, David Byrne “offered a slide show that predicated digital sales would outstrip CD sales by 2012” and stated that “the royalty rate is essentially the same with an iTunes sale.”
“There’s no manufacturing or distribution costs,” Byrne said, “but somehow the artist ended up with the exact same amount.”
My alma moo-ter, along with some others, has received RIAA “settlement letters … with instructions to forward them to particular students (or other university community members) that the RIAA believes guilty of illegal filesharing.”
The University of Wisconsin has informed the RIAA to sod off until it produces a valid subpoena.
The recording industry has been ripping off musicians for years, they can’t get more money from them so they want to get money from people.
I wonder how much money from the “settlement” would go to musicians.
Good for the Badgers to tell the RIAA to sod off. It is long past time for the RIAA to sod off permanently.