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).
Bitcoin had a tough last few days. In just a 24-hour period spanning early Friday morning to early Saturday morning, bitcoin's price went from about $57,000 to $47,000. Patrick McCconlogue, CEO of Overline, joins Cheddar News discuss bitcoin's plunge.
The leading gaming organization and lifestyle brand 100 Thieves just raised $60 million in new funding closing its Series C. This new round of funding has raised the valuation of the organization to about $460 million. John Robinson, president and COO of 100 Thieves, joins Cheddar News to talk about what's next for the company.
The Quorum and Cultique released a new study where moviegoers weighed in on their attitudes on going to the theater right now. Linda Ong, founder of Cultique, and David Herrin, founder and CEO of The Quorum, join Cheddar News to discuss what moviegoers need in order to head back to theaters.
Marvel's "Shang-Chi and the Legend of the Ten Rings" is gearing up for a sequel following its earlier this year topping the domestic box office to date. Destin Daniel Cretton will return to write and direct while also taking on additional projects in a multi-year deal.
Online platform Assemble is looking to provide career instruction and inspiration to Black, Indigenous, People of Color (BIPOC) of all age groups for access to industries they might not have been privy to prior. Actor, activist, and one of Assemble's three co-founders, Jesse Williams, and CEO Cortney Woodruff joined Cheddar's "Between Bells" to discuss the Assemble mission and what people can expect from the program. "There's a lot of jobs that folks don't know even exist in the first place, and what we know is that there are incredible innovators at the peak of their field that are Black and brown – in every single field," Williams noted.
Cheddar breaks down the challenges of plastic recycling and what one company is doing to help offset the negative environmental impact of single-use plastics.
Sarah Dandashy, Travel Expert, Ask a Concierge, joins Cheddar News to explain why the best gift you can give this holiday season is the gift of travel.
Developers for the video game "Call of Duty: Warzone" staged a walkout in protest of 12 quality assurance testers being laid off by parent company Activision Blizzard. This marks the latest work stoppage for the embattled game publishing giant.