Friday, August 4, 2006
The New York Times' Daniel Wakin has an article in today's paper about an agreement to be announced today that seems likely to be able to preserve the future of concert recordings of today's symphony orchestras, many of which are in distress over declining attendance and record sales. Some of the sticking points had been advance payments to the musicians. The agreement replaces those payments with a share of the royalties. The agreement also addresses digital downloads. Read more here.