Promising a new future for paying songwriters, an investor is scooping up song rights—and now owns over 1,000 number-one hits.

The Morning News https://ift.tt/2T6L71V

Despite the wellspring of fresh moneymaking opportunities for artists, Mercuriadis recognized that the structure of the music business has largely remained the same for the songwriter. Artists make most of their money by touring and selling merchandise, while the songwriter has access to none of that. But shouldn’t they?

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