Universal-EMI Merger Could Yield New Mega-Label To Threaten The Future Of Music
[…]Artists are also worried about the merger’s consequences. “It’s all totally stacked against the creator,” said Casey Rae-Hunter, who heads the Future of Music Coalition, an organization representing independent and unsigned musicians. “And the Universal-EMI merger gives them even more leverage to do really scary things.”
[…]”This was supposed to look a lot different,” said Rae-Hunter, who also runs the tiny, independent record label Lux Eterna and records as The Contrarian.
“We were supposed to not just solve the access problem about reaching new audiences, but also to monetize that activity in a way in which 99 percent of that activity was not captured by the major labels,” Rae-Hunter said. “But we see now that the majors still dictate the terms.”[…]