Songwriting Legend Linda Perry Explains Her Beef With Streaming
Music artists won a big fight against streaming services this week, but legendary songwriter Linda Perry thinks there’s more to be done.
“There’s a lot of people where this is their bread and butter, this is what they’re leaving to their children, this is their gift, this is their music...and they’re being very overlooked and underpaid,” she told Cheddar.
“Are we trying to make changes? Yes, absolutely.” But that change isn’t coming fast enough.
Perry’s comments come after the Copyright Royalty Board ruled that companies such as Google, Spotify, and Apple need to increase artists’ pay from 10.5 percent to 15.1 percent of revenues over the next five years. This is the largest pay increase in CRB history, according to one industry organization.
But the Songwriters Hall of Fame inductee, who’s written for the likes of Christina Aguilera and Alicia Keys, told Cheddar that in the days before streaming, artists would get more.
“When MTV played your song or video you would get $49.95, and then every time the radio played your song you would get a certain amount of money,” Perry said. “Your songs weren’t played [as much], and you were making a lot of money. Now your songs are all over the place, and you’re making less money.”
For full interview, [click here](https://cheddar.com/videos/music-legend-linda-perry-helps-unknown-artists-get-heard).
Low-code app development platform Crowdbotics raised $22 million in a Series A funding round led by Jackson Square Ventures. Crowdbotics has helped more than 14,000 customers launch apps without having to learn how to code. The company can offer a team of expert developers to help companies launch custom apps, or provide the means for companies to develop apps themselves. Crowdbotics CEO Anand Kulkarni joined Cheddar News' Closing Bell to discuss.
Dr. Celeste González de Bustamante, professor and director of the Center for Border and Global Journalism at the Univerity of Arizona, and Dr. Jeannine E. Relly, professor and director of Global Initiatives at the Center for Border and Global Journalism at the University of Arizona, join Cheddar News to discuss the recent journalist killings in Mexico.
Kim Kardashian’s shapewear brand Skims has doubled its valuation to $3.2 billion. Investors have taken a bet on the success of this brand in the form of fresh funds for the two-year-old company.
Nathan Harding, CEO of Luum, joins Cheddar Innovates to discuss the process of having a robot put on eyelash extensions, and how automation is making its way into the beauty industry
Kevin Yu, Founder and CEO of Sidechef, joins Cheddar Innovates to discuss how it's building a platform to make recipe shopping easy, and how its features help you discover new recipes with the same ingredients to fight the massive problem of food waste.
On this episode of Cheddar Innovates: Sidechef CEO breaks down how it's building a platform to make recipe shopping easy; Luum CEO explains the process of having a robot put on eyelash extensions; A look at Curiosity Stream's new original series, 'Evolve.'
Wednesday marked two years since the basketball legend Kobe Bryant, his daughter Gianna, and seven others died in a tragic helicopter crash. In remembrance, a bronze statue has been temporarily placed at the site with all of the passenger's names included on the memorial.
McDonald's missed on both the top and bottom lines in its Q4 earnings, marking the fourth loss for the fast-food giant in the past eight quarters. It comes as higher costs from food to wages ate into the blue-chip company's profits. George Seay, CEO of investment advisor Annandale Capital, joined Wake Up with Cheddar to discuss the recent numbers and the better-than-expected success of the McPlant burger made with plant-based Beyond Meat. "They're changing with the times, and they have to," Seay noted. "You can just sell a Big Mac to everybody. There's a lot of people who don't want to eat a Big Mac anymore."
