Dave Stewart, from the Eurythmics, has written an article for Billboard where he points out that any retailer in the world has access to amazingly detailed technology and tools to track transactions and settle details with credit card company merchant accounts. He notes how ridiculous it is that such systems have been available for nearly thirty years… and he still can’t get an accurate transparent accounting of what a record label has sold. In the past, the major labels could get away with this, because they were the only real game in town, if a band really wanted to get big. But that’s changing. This, of course, is the major labels real concern over new innovations and technology. It’s not piracy. It’s that new technologies take away the biggest scam they’ve had going for ages: the ability to keep tons of money that never belonged to them. And that’s changing.
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