Repost from @hipgnosissongs
Using the success of Hipgnosis to change where the songwriter sits in the economic equation has been a massive priority for us from day 1.
The song is the currency of our business yet for too long the Songwriter – who delivers the most important component to the success of a record company, digital service provider, music merchandiser, live promoter etc is the lowest paid person in the equation. Without the song we simply have no music business.
This is an important step on the road to finally properly recognising the value that Songwriters bring to the industry and the lives of the billions who rely on great songs to enrich their lives.
The CRB have delivered a strong message not only to the digital service providers like Spotify but also to the recorded music companies about the importance of the songwriter in our industry.
Congratulations to all of the incredible songwriters that have entrusted us with their incomparable songs but also to each and every songwriter that goes to work each day to write great songs and make the world a better place. This is a victory for all of you.