Quote:
MIDEM 2009: Artists, managers & digital - So, where is the money? - YouTube



Today, new revenue streams are raised through the involvement of new technology and music companies such as MySpace Music or YouTube, shaping a new music lan...
the claim that illegal file sharing is killing the industry is largely a fallacy.

YouTube - MIDEM 2009: Artists, managers & digital - So, where is the money?

Terry McBride, CEO, Nettwerk Music Group (Canada).
starts @ 3:30

PARAPHRASE:
He says that because the Nettwerk Music Group (Canada) is a group of managers, publishers and record labels there are in a unique positions to cross reference what shows up on the statements. They knew there were 100,000,000 views on youtube of one of their artists videos BUT this wasn't showing up on their artists statements. so they went to the label and asked, how come these youtube views weren't showing up on the artists statements.
He also says that the Major labels held onto the money generated by streaming, for the better part of 3 years.
When Terry McBride actually showed the head of the Major label a rhapsody statement, the head of the major label said He had never seen one. so... the money had been sitting in corporate accounts and had never made it down to the label..

so that means that, Artists who's labels are not developing them any longer because of the purported crashing of the industry, due to illegal file sharing is a fallacy.
The real reason they are NOT being developed is because ..

The major corporations are sitting on the money and not passing it down to the major labels.
if the Major labels don't get the money then, the subsidiary labels won't.
if the subsidiary's don't then the Artists themselves certainly won't.

so .. a given label (may or may not be) obtaining the payments from the numerous types of services out there.
it depends on the competence of the label and manager to find those, extract the money and communicate with the artist (and) more vitally, decide whether or not to use that money to develop the artist further.

Thus... the claim that illegal file sharing is killing the industry is a fallacy.

what is killing the industry are the large corporations long term strategic plans for control over the electronic communications system itself.

the Wiki on Vivendi is a master class of corporate strategic planning.