Canadian Recording Industry Demands 45%; Blames 'Pirates' For No Streaming
Date: Saturday, September 25, 2010 @ 10:31:46 UTC

Things in Canada are pretty bad, where they basically don't have any of these music services, and it's because the Canadian recording industry is apparently demanding absolutely, positively insane fees - such as 45% of gross revenue. Yes, gross revenues. If you know anything about the finances of these kinds of businesses, that's laughable. As Pandora's Tim Westergren notes, Canadian radio stations pay approximately 2.1% of gross revenue to the recording industry. Complete Article

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