Songwriters had their right to bargain taken away by government compulsory licensing for the benefit of music users, then had the rates frozen for decades which makes the rates less than zero due to the rot of inflation.
Spotify is getting heat for crash in market value. Maybe it should get heat for is being publicly traded in the first place. In the pre-Dot Bomb bubble, it was not so easy to take a company public and it certainly wasn't easy to get absurd valuations.
https://t.co/Lv1Tme6MVU
You still have to ask how Spotify gets a positive ESG score when streaming is a major polluter, they screw millions of artists and songwriters and producers while trafficking in payola, and give two white men total voting control of the company.
My new video “Baby I Would Want You” out today. Watch the full version: https://t.co/dMq84RbKfb “Pop-rock noir. A much-needed antidote.”
–Culture Catch
Directed by Alice Teeple (@creeple)
From the new album 'Violent Delights' out May 20, 2022 on @ECRMusicGroup
What does inflation look like? Check out your tax bill which may be the double whammy. Government hasn't indexed tax rates and isn't gonna. Remember this was a campaign issue for Ronald Reagan in the 1980 election. CPAs will deliver bad news this week. https://t.co/hPi2cDZSce
@helienne Also market centric trends toward bigness creating significant rewards, potentially greater than hits but with no or low marketing spend. It's also possible or even likely that the short tracks could be royalty buyouts. Buyouts should not be counted in the Big Pool denominator.
@helienne Key point. Market centric algebra: Revenue x Your Streams ÷ All Streams = Your Revenue Share, anything that causes All Streams to increase faster than Your Streams or Revenue always causes Your Revenue Share to decline over time. The old legal principle of Fubar Fugazi Snafu
Music makers won’t be intimidated by broadcasters’ threats to reduce airtime; Mr. LeGeyt’s broadcasters may run a type of sweat shop but they won’t deter our cause for economic justice. Let’s pass the bill: https://t.co/GqyDgSIJ1C #IRespectMusic#MusicFairness#AMFA
Federal Reserve is in a box. Inflation is raging and their only "weapon" is a sharp rise in interest rates due to 10 years of easy money quantitative easing. On top of today's spike in 10Y Bond. More reasons to get CPI on mechanicals just like webcasting.
https://t.co/1yvZr8cBwC
Inflation drives mortgage rates so expect higher rents any minute: "The yield on the 10-year Treasury note broke above 2% for the first time since August 2019, likely pushing the Federal Reserve to consider the half-percentage-point increase in the fed funds rate."
Former Sixth Street venue The Parish (@ParishATX) will reopen in the former North Door building.
Resound Presents partners with Heard Presents on the new Parish concept, dropping “The” and adding a separate-but-connected bar. https://t.co/5gJXM7lYDU
"The annual inflation rate in the US accelerated to 7.5% in January of 2022. Excluding volatile energy and food categories, the CPI rose 6%, the most since August of 1982. source: U.S. Bureau of Labor Statistics" https://t.co/gEveBArhsj