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ivan@stellysee.de
| From | Rafael Paulino Neto <rpaulino@bignet.com.br> |
| Subject | Major labels asking 10% of artist's concerts revenues in Brazil |
| Date | Sat, 08 Apr 2006 23:55:36 -0300 |
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I've been taken by surprise with an article on Folha de São Paulo, one
of Brasil's most influential newspapers, about major labels trying to
charge 10% of concerts revenues from their artists. All the major
'brazilian' labels (Universal, Sony/BMG, Warner, etc.) reportedly have
the concert participation clause now, on most of their new, up and
coming brazilian artists (the bigger names are still escaping this).
Have in mind that our national artists are 90% or more of our charts and
sales, and that ours is one of the bigger music markets in the world
(not sure as of now, but somewhere among the top 8-15). I found this
incredible, even having in mind that there is no proof or affirmation of
the clause being actually executed, but no label representative denied
it clearly. It seems very likely and true that the clause is there.
Rafael.
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