Rolling Stone: McVie comments on FM and Songbird

[bombaysaffires]

Originally Posted by John Run

Artists / Writers still have access to their own songs when they sell the rights. What they lose is future royalty earnings and refusal rights. Every time the song is played on the radio, used in a movie, a commercial - those fees and royalties go to the new rights holder. Refusal - An example - a politician wants to use Don't Stop in a campaign ad, the artist / writer can't stop it. Same thing if Don't Stop is used in a porn film.

FYI - Lindsey did sell 100% of his publishing and writers rights to his catalog and 50% of his unreleased catalog. However, he kept 100% of his artist and producer rights and royalties. Not a bad deal for $90 million.

thank you for this clarification!