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Posted By: Jim Liddane on: 10/02/2007 14:11:58 EDT|
Subject: RE: Important - Ultimate Oldies Radio
Also happy to chip in extra to keep things going.|
Could not agree more with you Bill about royalties being paid by the labels on records made in the 1950s and 1960s.
Even when royalties were paid, they were miserly, and in many cases, the royalties just stopped coming anyway after a few years, and never resumed.
Nobody likes lawyers but I can tell you, it was only when they got involved on the side of the artists, that decent royalties were negotiated. Which is why guys who sold ten million records in the 50's died in poverty, while guys who sold 5 million in the 90's live in condos.
I have to say (and I know I am biased), that songwriting royalties were always pretty good, and for that, writers can thank BMI and ASCAP. But writers needed that cash - they had no income from public performance, or merchandising anyway.
OK - I'm sounding off again...the main thing is to help keep Ultimate Oldies on air so back to the drawing board!