Reply #195: these guys have no shortage of money from CD sales

[Sen. Walter Sobchak]

But in light of their treatment by Universal when it comes to online sales, they really don't care if people download singles for free. And even if somebody buys their ENTIRE record online it is still treated as the sale of a dozen singles for royalties purposes.

Their beef is rather than spreading the windfall from online sales around, for which there is basically zero non-promotional overhead the record companies are crying poverty on online sales and trying to put them other another contract that will see them make virtually nothing from online music sales and significantly less from CD sales.

Their next project isn't a record at all, they want to setup a large independent concert promoter that will focus on smaller, better quality venues (concert halls instead of hockey arenas) and forego the stupid and expensive aircraft carrier stages, laser light shows and fireworks.