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JohnQPublic
Premium
join:2002-03-22
Xanadu

reply to meskinct

Re: A Good Read by Trent Reznor from NIN

said by meskinct:

I found this interview of Trent Reznor and his take on the whole industry. Interesting to see an artist's point of view.

»www.metalexpressradio.com/menu.p···&id=3406
Reminds me of the speech (circa 2000) where Courtney Love slams the record labels, Napster, and others.

What I find particularly amusing is the fact that SoundExchange is demanding a percentage of gross revenue, not gross profit. However, the music industry -- like the movie industry -- uses all sorts of creative bookkeeping techniques in order to minimize royalties paid to artists. So, it basically want gross revenue paid to them, but are only willing to shell out the chump change to the artists after their accountants find every way under the sun to whittle down the dollar figure. Hypocritical bloodsuckers!

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