Mastodon Feed
Reblogged by cstanhope@social.coop ("Your friendly 'net denizen"):
ZaneSelvans@social.coop ("Zane Selvans") wrote:
I knew Taylor Swift had done some amazing negotiating with the record labels to retain ownership of her master recordings, and created new masters of her older catalog to undercut the power of her former label, but I didn't realize she also forced her new label, UMG, to agree to distribute the proceeds of its eventual sale of billions of dollars worth of Spotify stock to *all* of its artists without counting those revenues against their recording debts. From Chokepoint Capitalism / @pluralistic