Fair Trade For Music Sharing Sites

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Over at The Guardian today, there is a discussion of a stamp of Fair Trade Stamp for music sharing sites such as Last.FM, LaLa, WeAreHunted, etc. What does this mean, in plain terms? In the Diamond and Coffee industries there is much exploitation of workers and profit gouging. These practices rape and destroy downtrodden countries that are trying to turn any profit they can on the few profitable industries they have. They drive the people who work hard for an industries quality of life lower and lower as profit margins are expected to rise. While on a much smaller scale this is what many Music Sharing sites are doing to todays music artists. Sites like Last.FM turned insane profits when they got bought out and many other Music Sharing sites are looking to do the same, and not pay artists a dime for their profits. This seems like it could be a great movement that takes the profits out of cunning startups pockets and puts it back into the industry.

Jesse Cannon is the editor of Musformation. He produces records at his studio Cannon Found Soundation. Follow him on Twitter at @JesseCannonMusF. For more info please visit his website.