@rob_hawkins ("El Hawkins") retweeted:
@MrTomGray ("Tom Gray #BrokenRecord") wrote:
Another MP defending labels making massive profit margins.
Thinks that 30% A&R is ‘R&D’.
Let’s remind ourselves what A&R is:
All recording costs
All advances
All royalties paid to artistsIt is not R&D. They spend 70% on everything that isn’t music.
#BrokenRecord