Re: [acid-jazz] BMG Saves The Day

From: Elson Trinidad (elson@westworld.com)
Date: Wed Nov 20 2002 - 21:30:42 CET

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    At 12:32 PM 11/20/02 -0800, Steven Catanzaro wrote:
    >This gleaned from the business section of today's LA Times;
    >
    >Bertelsmann Music Group announcd that they would introduce a "fairer, more
    >transparent" accounting system for royalty payments to artists.
    >
    >And for those of you calculating;
    >
    >Under the old system, w. all the deductions, the artist earned $1.03 per CD
    >sold.
    >
    >Under the NEW, FAIR BMG system, the artist will earn $1.03 per CD sold.
    >
    >Thank you BMG!

    Gotta love that German logic. :)

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    : . elson@westworld.com : www.westworld.com/~elson
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