Why The Major Music Companies Are Getting Your Royalties

While the major music companies’ revenue from music sales has gone down, they have a brand new increasing income stream: revenue generated from the sale of other people’s music. In the past five years, hundreds of millions of dollars of songwriter royalties have been generated and never paid to the songwriter, or have been given to Warner Bros, EMI, Universal, Sony and others based on their market share- estimates put this new income at over half a billion dollars.

This infringement and lack of payment is one of the biggest outrages of the music industry and yet it is rarely talked about and even more rarely understood.