Wednesday, May 03, 2006

Todd speaks to Seante Committee

Todd's Testimony at the Hearing on "Parity, Platforms and Protection: The Future of the Music Industry in the Digital Radio Revolution" before the U.S. Senate Committee on the Judiciary 26 April, 2006.

In it he says: "The behavior of the majors has been that of a mindless parasite, contributing nothing yet trying to get its snout into the bloodstream of any new development. The knee-jerk justification is 'protection of artists,' which would more accurately be represented as the interests of highly bankable artists still under contract. For every one of those, there are a hundred with a lifelong bad taste in their mouths over the way they were treated when their sales began to lag ... The fantasy that this type of legislation helps music or musicians should be summarily exposed for what it is: yet another futile attempt to turn back the clock to the days when they were the sole gatekeepers to an artist's future"