Crowdbands

Dave Stewart slams major label accounting customs

Posted in Uncategorized by tomsarig on July 12, 2009

Dave Stewart, acclaimed producer and former founding member of the Eurythmics, has written an article for Billboard where he points out that any retailer in the world has access to amazingly detailed technology and tools to track transactions and settle details with credit card company merchant accounts. He notes how ridiculous it is that such systems have been available for nearly thirty years… and he still can’t get an accurate transparent accounting of what a record label has sold.

Check it out at Dave’s blog:  http://blogs.myspace.com/index.cfm?fuseaction=blog.view&friendId=177227489&blogId=494957713

This archaic accounting system will soon go the way of the dinosaur.  And on that note, check out my favorite Euryhmics song ‘Here Comes The Rain Again’.

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