My heart would bleed for the music industry if it was not for the fact that they have the BIGGEST number of CROOKS to grace the earth working in it .For decades these so called business men have been ripping of bands and artists with legalized slavery as PRINCE once put it, and screwing over both talented people creating music as well as overcharging customers for there products.
There's a long list of famous bands that have been screwed over by record labels and of course it's all legal and above board so its ok
In my books there's only one thing worse than crime and that's LEGALIZED CRIME
Just because somethings is legal it DOES NOT MAKE IT RITE.
If anyone needed further evidence that the major labels are in league with the devil
about 5 years ago record labels started making new artists sigh contracts termed - 360 deals.
Driven by smaller PROFIT MARGINS record companies are requiring new artists to sign these contracts (also known as -multiple rights deals) that take a percentage of every single thing the artist does: merchandising, ticket sales, paid appearances, interviews.
Any band which signs such a deal is sighing most
of there current and future income away to the record label.
For decades, record companies have been content to steal
the creative products of musicians. Not only do they typically take ownership of the songs through owning the recording master as well as the lucrative copyright and publishing, but they charge the artist for the costs of production, artwork, manufacturing, publicity and anything tangentially related to the album.
Prince famously wrote “slave” on his face during his lawsuit with Warner Bros. to protest this kind of treatment. But 360 deals make these old arrangements seem downright generous
Capitol Music Group CEO Jason Flom, in one youtube video, arrogantly justifies 360 deals by claiming that “nobody knows who they [artists] are” and “we turn them into stars.”
That’s a little disingenuous, since major labels typically don’t sign artists unless they have a successful track record selling CDs and concert tickets. He laughingly acknowledges that any of today’s superstars would scoff at signing such a deal (although Madonna and Jay-Z already have).
But don’t expect a new artist to get a break upon becoming tomorrow’s superstar. At best, the artist would be able to negotiate a lower percentage of the 360 deal, as attorney Kendall Minter describes in the YouTube video below.
My advise is to stop listening to the men with the money & power as they live a life of smoke and mirrors and carry out on a day to day basis legalized crime
so you cant trust a word there saying.
Today in japan people can be arrested for sharing media ,BUT who knows what other miner crime they could be arrested for in the future to protect some multi-billion dollar industry.