Thursday, July 17, 2008

My precioussss!

Just when you thought we'd seen off this sort of thing, I see on Coolfer that the record companies are up to it again.

I can see why the EU is concerned about artists' income, but it really isn't about starving singers, it's about big corporate companies clinging onto their cash cows.

95 years? 95?? Just how long do you need to recoup an investment? Forever, I'm sure they think.

I'm not at all convinced by the get-out clause, either. It reminds me of the sort of contractual thing that DC used to screw Alan Moore.

If the record companies put half as much effort into nurturing new talent as they do in clinging onto their old warhorses, the music industry would be in a hell of a rosy state.

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