BUS-340 Week 8 DQ 2 How do licensing agreements help artists earn money from their music? What are the various licensing arrangements?
How do licensing agreements help artists earn money from their music? What are the various licensing arrangements? With the advent of technology and applications such as Spotify and Pandora, many songwriters and recording artists are questioning the loss of royalties and profits from their music because of the way monies paid by such music providers are siphoned through the music companies. Conduct research and discuss the legal and ethical issues faced by such entities. Address questions such as should artists and songwriters be entitled to a greater share of the monies paid by Spotify and Pandora, or are these entities compensating artists and songwriters fairly through promoting their music, which ultimately leads to profits generated by tour ticket and merchandise sales?
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Course: BUS-340: Ethical and Legal Issues in Business
School: Grand Canyon University