Nemesis Posted November 9, 2005 Share Posted November 9, 2005 Every Music CDR since the AHRA was enacted has a hidden tax built into the price! (2% of the manufacturers sales) This is supposedly to pay the artists for home recording. Who Collects the Tax? The RIAA under the auspices of the AARC. Supposedly, 40% is set aside for artists, and 60% for the labels. To date I have not found an artist who has received even one cent of this money. (Source: RIAA website) In addition every CD recorder has a $2.00 surcharge built into the price that goes directly to the RIAA The artists received not one cent of the money from the MP3.Com settlements of approx $158 Million to the labels. Who did??? The label themselves. "SoundExchange" the new digital rights collective for collecting royalties from internet play is a division of the RIAA. They did not distribute royalties in July 2001 as they were supposed to do, but instead decided to wait until next year. 85% of all music is released by 5 major labels (Sony, EMI, UMG, Time Warner, & BMG)Federal Trade Commission (FTC Statement) At any given point about 20% of the music every recorded is available legally. The rest is locked away by the labels depriving the creators of a potential source of income, the fans of the music they want, while creating a false market for the bandBoycott-Riaa.com Link to comment Share on other sites More sharing options...
Samurai Posted November 9, 2005 Share Posted November 9, 2005 Please post sources when you post news. Thanks :D Link to comment Share on other sites More sharing options...
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