This summer I went to a barbeque with a load of Warner Music execs. The drinks were £80 bottles of champangne; the stories related of their £1k/month taxi bills (put through the company) and their £500/day Glastonbury 'Entertainment Budgets'.
If you want to know why price fixing is needed, it is not due to struggling artists, but because a load of london based 30 somethings with expensive cocaine habits, and a taste for the high life dont want to give up their privileged position.
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This summer I went to a barbeque with a load of Warner Music execs. The drinks were £80 bottles of champangne; the stories related of their £1k/month taxi bills (put through the company) and their £500/day Glastonbury 'Entertainment Budgets'.
If you want to know why price fixing is needed, it is not due to struggling artists, but because a load of london based 30 somethings with expensive cocaine habits, and a taste for the high life dont want to give up their privileged position.