EMI Records Losses

One of the big four major record companies is finally feeling the results of not adequately supporting talented songwriters and artists. EMI have published their losses today and blamed the digital age for cutting their previous profit margin. Their actual problem is relying on repackaged Beatles albums and investing in vacuous pop acts instead of allowing quality writers to grow. I am sure they never thought that their power would wither and their roster of bands and singers become so diluted. Good riddance. A label who helped songwriters to sign contracts that effectively waived their intellectual rights and profits, passing them onto the corporation is just pure evil. The sooner these dinosaurs become extinct, the better.
It is coming to the time when the independent labels will take over the world and artists will be paid for what they have created, rather than a company executive. We longer need corporations to get our music in a shop, or record us; we do this at home, unshackled.
Now all we need is the audience to free themselves and open their minds to this new order.