US GDP is 70% consumer driven. Demand collapse is what causes depressions, real depressions. Goldman Sachs estimates that the U.S. economy could contract by 24% in the second quarter (which starts next week). Say what you want about Goldman, money is something they’re fairly good at. That is a Great Depression level of contraction. If […]
To my sisters and brothers in NYC music, and beyond… The Irish tell the story of a man who arrives at the gates of heaven asking to be let in, and Saint Peter says, “Of course! Just show us your scars.” The man says, “But…I have no scars,” and Saint Peter answers, “What a pity. […]
You may not have noticed, but many music services have a clause in their direct licenses that allows them to delay royalty payments if your accrued royalties are less than a certain amount, often $50. This is on top of paying quarterly in many cases (as opposed to the monthly payments required by the statutory […]
[This post first appeared on MusicTech.Solutions] After the cancellation of SXSW, we need to think about those “force majeure” clauses that everyone skips over in contractual boilerplate. “Force majeure” or the less secular “Act of God” clause is a species of the “impossibility of performance” defense to a breach of contract claim that excuses the […]
Don't forget to stop buying records from Amazon and start buying from your local record store either in-store or online–but not Amazon. Assuming you want the store to still be there when this is over. We do. Ours is the resilient @WaterlooRecords https://t.co/EVF1OAQdwc — Editor Baker (@MusicTechPolicy) March 14, 2020
In order to break through the lobbyist mumble tank, the Congress needs to hear clear and persuasive facts from creators like Jonathan Yunger.
[This is a version of a letter I sent to the Senate Subcommittee on Intellectual Property today to call attention to various discrepancies in the proposed witness list, especially the presence of the Pirate Party at a hearing at the world’s greatest deliberative body. And typically, Julia Reda never disclosed her affiliation. Why so secretive?) […]