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Guitar News Weekly Edition #298 |
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May 31, 2004 |
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DAVID CROSBY "A record [label] is essentially two things. It's essentially a vendor and a bank. What they do, in terms of working with artists, the old days -- and still to this day, to some degree -- is they give you the money to make the record, for which they charge you what amounts to a million percent interest. They give you the money to make the record, but when they get the record, then they own it and they do everything they can to cheat. Everything. Recoupment." - David Crosby (Byrds and Crosby, Stills, Nash and Young) opens up about how the music industry has changed since the 1960s. Also: |
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