Fairer system...
... wasn't that one of the reasons Kobalt was set up? An alternative to major labels and the way Sony/Warner/etc shackle artists by holding onto royalties already earned and using 'advances' as leverage for new contracts. I hadn't heard of it until I read this month's WiReD (*ducks for cover behind the Wikipedia users*). There's no need to reinvent the streaming model, but there is a need to reduce the hold that big labels have on the business side and to make sure royalties reach the artist in something like a reasonable time. This Tidal thing might do that, but it sounds more like a pension club for people wanting another yacht.
Biting the hand that feeds IT
