Talking Heads' David Byrne Calls For Transparency In Music Biz

(Classic Rock) Former Talking Heads frontman David Byrne has called for transparency in the music industry, as he says the way revenue is shared by labels and streams is cloaked in secrecy.

And while he reports he's behind streaming service Spotify, he admits trying to get answers to the way finances are handled is frustrating. He says in his New York Times column: "Many streaming services are at the mercy of the record labels (especially the big three: Sony, Universal and Warner), and nondisclosure agreements keep all parties from being more transparent. We need information from both labels and streaming services on how they share the wealth generated by music."

He's asked YouTube how ad revenue from videos containing music is split and says he was "stonewalled." And when he approached Apple Music for an explanation to how royalties are paid to artists during their three-month trial period, he was met with an equally vague response. Read more here.

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Copyright Classic Rock Magazine- Excerpted here with permission.

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