By Steven Marks on RIAA's Music Notes Blog I respect David and his accomplishments in the music space, but his blog “The Artist’s Share” misses the mark. The piece wrongly assumed that labels pay royalties to artists and simply keep the rest. This is not the case. Let’s take a closer look at the value labels actually bring to the table. First, the numbers. A label P&L (balance sheet) looks far different than the blog portrays. Labels don’t “keep more than 80% of the money they receive” – labels invest that money in finding and developing talent, marketing and promotion,...

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