It makes sense to me.  I wonder what took so long.

Michael


----- Original Message -----
From: "Rafael Paulino Neto" <rpaulino@bignet.com.br>
To: <audities@smoe.org>
Sent: Saturday, April 08, 2006 9:55 PM
Subject: Major labels asking 10% of artist's concerts revenues in Brazil


> 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.
>