Monday, November 16, 2009

WE’RE COMING BACK FROM THE PAST TO SCREW THE RECORD COMPANIES, OKAY?


Our pal Joly posted a link to the following on Facebook, and I’m repeating it here, because, for once, the artist may have a chance to stick it to multi-national media corporations that have had their way for far too long. It may be a little involved for those who aren’t involved in the recording or writing of songs, but it’s probably worth a look.

“The late ’70s, when punk exploded and disco imploded, were tumultuous years for the music industry. A time bomb embedded in legislation from that era, the U.S. Copyright Act of 1976, could bring another round of tumult to the business, due to provisions that allow authors or their heirs to terminate copyright grants — or at the very least renegotiate much sweeter deals by threatening to do so.
At a time when record labels and, to a lesser extent, music publishers, find themselves in the midst of an unprecedented contraction, the last thing they need is to start losing valuable copyrights to ’50s, ’60s, ’70s and ’80s music, much of which still sells as well or better than more recently released fare. Nonetheless, the wheels are already in motion.”
(Click here for more.)

The secret word is Vengeance

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