Louis Cypher
Well-Known Member
https://www.theguardian.com/busines...ic-legends-are-lining-up-to-sell-their-rights
Not thought too much on this as I dont know all that much, I have read in a differnet article that the idea of these companies is to attract investors, the songs are commodities, the royalties act as income to be paid as a form of dividend payment to the share holders and the companies will go about agressively marketing the songs in order to maximise profits (anyone who knows more please correct me)
My inital feelings are that this is gonna be, short term great for older former huge acts like Dylan, Stevie Nicks, Blondie etc, though David Crosby's comments on why are pretty sobering, but in the long term bad for everyone who is trying to earn a living in music
Not thought too much on this as I dont know all that much, I have read in a differnet article that the idea of these companies is to attract investors, the songs are commodities, the royalties act as income to be paid as a form of dividend payment to the share holders and the companies will go about agressively marketing the songs in order to maximise profits (anyone who knows more please correct me)
My inital feelings are that this is gonna be, short term great for older former huge acts like Dylan, Stevie Nicks, Blondie etc, though David Crosby's comments on why are pretty sobering, but in the long term bad for everyone who is trying to earn a living in music