Clicky

Government Bails Out Record Labels. USA now owns 49% of the Record Industry! | Americana Roots

Featured Posts

Drew Kennedy - Alone, But Not Lonely (Live) (Free Download) There is something warm and soothing about live acoustic music. It allows the singer to paint a picture with his lyrics with amazing clarity and passion. When you combine well written lyrics along with...

Read more

Tom Savage Trio- The County Line Kingston, Ontario's Tom Savage fourth studio album called The County Line recently founds its way to my ears.  Even though it is a 2008 release it deserves your attention if you haven't heard it. ...

Read more

Marley's Ghost - Ghost Town Ever ask yourself what has happened to real music as you search your radio dial….looking for anything that sounds appealing? The music is still out there, you just need to look in the right places. Some...

Read more

Jeremy Porter - Party of One After listening to “Party of One,” Jeremy Porter’s debut solo CD, it’s easy to see what makes Americana music a deeper listen than pure Pop. Both genres share the synthesis of multiple source genres,...

Read more

Drunk On Crutches - People.Places.Things. Have you ever decided to listen to new CD, not knowing what to expect? Sure you have. And when the first song starts, you are not only surprised, but ready to hear what’s next? Well, that’s what happened...

Read more

twitter

Follow on Tweets

  •  

Government Bails Out Record Labels. USA now owns 49% of the Record Industry!

Category : Blog

President ObamaLast week, the US government, announced its plan to bail out struggling record labels as a part of the stimulus plan.  The initial payout amount is set at $350 billion dollars which will be spread across all of the remaining record labels (Warner Music, EMI, Sony Music and Universal).  Proponents of the plan applaud government actions to restore a bureaucratic sense to music.  We here at AmericanaRoots.com, interviewed John Townes at the consumer watchdog group “Wax Is Back” regarding this monumental plan to buy back all of the toxic assets in the music industry.   John says “This plan is critically important in the preservation of our musical landscape.  It is important that we rid radio of the 95% of garbage they play and push in music which is deemed good by the government”.  As our research staff dives into this stimulus plan, we have found some amazing examples of how our music history will be completely rewritten with the removal of back catalogs from bands like: Milli Vanili, The Backstreet Boys, New Kids on the Block and pretty much all music that comes from the 80’s.  As we look to the future, some questions have been raised about how this government help will change the direction of music.  We here at AmericanaRoots.com are dedicated to monitoring this change moving forward.
When you get so little actual news each day, you are forced to make stuff up.

No related posts.

This website uses IntenseDebate comments, but they are not currently loaded because either your browser doesn't support JavaScript, or they didn't load fast enough.

Comments (2)

so this means i can down load for free now that my taxes payed for it right ?

who voted for this ass

Americana Roots is Digg proof thanks to caching by WP Super Cache