Rolling Stone- Springsteen busks in a Boston Park (video)
The video of Springsteen is only 27 seconds long, but can you imagine all the double takes from surprised people in the park? I don't think he was out to earn some extra spending money,but record labels may need to find ways to moonlight themselves in order to avoid extinction.
There is an important music business issue coming to light recently. Record labels are doing a double take on a copyright law from 1976 that could inflict a lot of pain on them in the next two years. Musicians like Springsteen,Billy Joel and The Eagles could be getting the rights back to their albums that were released as far back as 1978. The revenue stream would be diverted from struggling record labels back to the musicians and that could be devastating for an already crippled music industry. Please read the article in Rolling Stone Record Biz Braces for Legal Battles Over Copyright Law
Mike Smith,The Showbiz Kids