The more things change ...
... the more they stay the same. The labels still cannot understand that they are no longer distributors, but content owners. Have they also forgotten that many of their recording artists are composers as well! IFPI's tail is wagging the old dog and they should be fighting for a fairer payment for content generally rather than simply serving their bottom line. Perhaps that's it - they figure that if composers are paid more, they'll be paid less - it's not about what they perceive as being fair to TDC but what's best for their pockets.