The Weighting Formula and a Giant Tivo

21khz: The Art of Money In Music

“The ones that are in control are very happy with the system. They are making a disproportionate amount of the collection and the distribution - wrongfully in my opinion, unethically and immorally…..We’re out there everyday standing at the mountaintop saying - Guys! There is another way to do this where Everybody wins!”

- Scott Schreer

In Part two of his interview, Scott takes a critical look at the music publishing system in the United States. Why are some songs more valuable than others? What exactly is the mysterious, “weighting formula”? What - if anything - can be done to fix this century old publishing system?

And finally, what Scott is doing today to ensure that artists get paid for the music they publish.

21Khz: The Art Of Money In Music Jeff Price (Founder TuneCore, spinART Records and Audiam) and Ted Gerstein (Journalist, Former Producer ABC News Nightline) explore the behind the scenes mechanisms of the music industry allowing artists, producers, record labels, songwriters and technology innovators to make money off music.