[BC] Virgin Megastores to close

[JIM GRAHAM]

For years record promoters have offered forms of payola to broadcast station employees to play their music.  Owners even today have their employees sign statements that they won't take payola.  Now the record companies want to claim that radio stations HURT their sales of CDs AND want radio stations (and streaming stations) to pay THEM money.  I'm confused....  And to make matters exponentially worse, they have the Federal Government in the middle of it.  Here's a great editorial explaining how this is really "reverse payola".
http://www.kurthanson.com/archive/news/070907/index.shtml

Jim Graham

jgprods at bellsouth.net

--- On Fri, 3/6/09, Bowen, Jonathan <jBowen at rejoice.org> wrote:

From: Bowen, Jonathan <jBowen at rejoice.org>

I heard someone say (I agree with them) that if they dropped the price to a
reasonable rate like $0.05 or even $0.10 a song then everyone would make more
money and the people would be happier.

I guess it's just like with oil when you play with the market and restrict
it then the supply and demand rules get all messed up and nothing works out like
it should. 

I just want someone to do some really in depth investigation into where all the
$0.99 a song goes. I'd like to see how much an artist gets for each song.
Course a free market also creates opportunity to change things so just like open
source software and the creative commons stuff is impacting the market (what
little it does now) Indy music could make some big inroads and maybe eventually
fix the system.

-----Original Message-----