The greedy Cartel never give up do they :shock:
http://news.independent.co.uk/business/news/article330853.eceBritain's songwriters and composers hit back last night against the major record labels in their legal battle over royalties on digital downloads of music.
The British Phonographic Industry, representing the big music labels including EMI, Sony BMG, Universal and Time Warner, is trying to halve the royalties that songwriters can claim on each 79p digital download from 5p to 2.5p.
But yesterday the Music Alliance - a joint body representing some 44,000 songwriters and composers through the Performing Rights Society and the Mechanical Copyright Protection Society - lodged a counter-claim, demanding an increase in royalties to between 7p and 9p per download and challenging the record companies to divulge how much money they are now making from the online music market.
I suspect if you asked the man in the street for about 50 pence per album they would be more than happy to offer a few pounds after feeling sorry for the artist.
These prices are a joke and an insult to musicians who work hard and long to perfect their skills only to see a few fat cat companies play the take it or leave it trick on them come contract time.
Pay artists properly and slim down the seemingly bottomless money-pit that the recording industry has become, imposing a financial inequality of staggering proportions on those actually writing, playing, and performing is near criminal.
