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).
Director Ava Duvernay and Roberto Patino, both executive producers of the HBO series "DMZ," joined Cheddar News to talk about adapting the comic book about a future American civil war and a dystopian Manhattan. "I think it reflects a couple steps ahead of us. It really contemplates what happens if we can't kind of get our act together and be able to listen to each other and be able to be civil with folks we disagree with," said Duvernay. "It contemplates what's next if we don't kind of right our path."
Joanna Ostrem, Head of Estates, Appraisals, and Valuations at Christie's, joins Cheddar Reveals to discuss what to look for when evaluating a piece, building a collection, and the growing interest from millennial investors.
College basketball forward for the HBCU Texas Southern University, Mimi O'Neal, daughter of Hall of Famer Shaquille O'Neal, is pushing for more changes in light of gender equity scandals in NCAA college hoops brought to light on social media last year.
European prime ministers are heading into Kyiv today, a suspect has been arrested in the shootings of five homeless men in two cities, and Elon Musk challenges Russian President Vladimir Putin. Here is all the news you Need2Know for Tuesday, March 15, 2022.
Student loan payments for millions of borrowers are set to resume on May 1st. However, signals from the Department of Education show that the date may be pushed back. Once again, it's been pushed back a few times. Initially, the Biden Administration stated loan payments would resume as the economy continues to show signs of recovery. Student Loan Expert and Author of "How to Appeal for More College Financial Aid", Mark Kantrowitz, joined Cheddar to discuss more.
Mission-driven fintech company Propel raised $50 million in a Series B round led by Nyca Partners. Propel's mission is to help low-income Americans improve their financial health. The company's free app is called Providers, designed as a one-stop-shop for Americans to manage government benefits and other income side-by-side. Jimmy Chen, founder and CEO of Propel, joins Cheddar News' Closing Bell to discuss.
Russia may be asking China for help with its war in Ukraine, according to several reports citing unnamed U.S. officials. Russia is reportedly calling on its ally for military and economic assistance, in an attempt to avoid punishment from sanctions imposed by the U.S., Europe, and Asia, which have hammered Russia's economy. Chinese and Russian officials denied the reports. Meanwhile, top U.S. and Chinese officials are meeting today, with both countries confirming the conflict in Ukraine will be the meeting's main topic. Edward Wong, diplomatic correspondent for the New York Times, joins Cheddar News' Closing Bell to discuss.
Following the Texas Supreme Court's decision to end further challenges against the latest abortion restrictions, Texas saw a 60 percent decrease in abortions performed in the state — with an exodus of patients seeking care in other parts of the country. President, and CEO of Planned Parenthood Federation of America, Alexis McGill Johnson, joined Cheddar News at South by Southwest 2022 to discuss the impact of the court's ruling on reproductive health care in the Lone Star State and beyond.