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| UPDATED: 2007-07-23 |
Last.FM Demands Indies Waive Royalties
By: Bruce Houghton 2007-07-23 UPDATED: Last.FM has a stellar reputation as a place where all music is created equal. Where music discovery is a wonderfully random event untainted by cash or influence. But Last.FM's love for indie music does not extend to its checkbook. The contract that most indie and D.I.Y. artists use demands that they waive their rights to royalties in exchange for airplay on the personalized net music streaming service.
"I'm a huge fan of Last.fm and what they've done (or could do) for indie labels, bands and music fans," says IndieHQ blogger and Blackout label owner Bill Wilson. "However, it seems that their new media conglomerate sugar daddies are having an influence on their policies already. Wilson originally forgave the no royalties policy but now says, "Last.fm isn't a start-up anymore, it's part of the global media biz." Comments Tag: Last.FM Add to Del.icio.us | Digg | Reddit | FurlView All Articles by Bruce Houghton About the Author: Bruce Houghton is a 25 year music industry veteran who owns booking agency Skyline Music and the tour marketing company Skyline Innovations. http://www.hypebot.com |
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