Digital downloads change the pay-grade

MusicThe UK is also experiencing the growing pains of digital music downloads, resulting in writers and publishers of digital content being unhappy with the amount of compensation they receive from now different ways of marketing their creations. Digital downloads have changed a lot of how the music business works. No longer are CDs needed to get your music, there is a choice between buying a CD or downloading and rolling your own CD. This has taken some of the costs out of producing the media, since there is no media to purchase, it is only a file to download. Writers and publishers want a bigger piece of the action. A deal was reached between the writers and record companies "at the eleventh hour" as Media Guardian puts it. Writers of hit records will now get 8% of digital downloads, and 6.5% of streamed content revenues. It is good that everyone worked something out, now let the music play!

Tags: audio, digital, downloads, music, news, publisher, streaming