Friday, May 15, 2009

Who's Gonna Get the Money?

This Robert is perplexed. 


I like artists getting paid. I just wonder after seeing the Performance Rights Act pass in the House Judiciary Committee, how fair is this new law shaping up to be? 


An outfit called SoundExchange was created in 2000 as an unincorporated division of the RIAA. In September 2003, SoundExchange was spun off as an independent and non-profit organization.  


This Robert wonders if the money from taxing radio for the artist's performance is going to get to the recording artist. This Robert doesn't see any artists on the 18 member board of Sound Exchange, only record companies, lawyers, and RIAA officials.  This Robert knows that money being paid to record companies doesn't necessarily mean the artist sees any of it.