In Billboard Magazine, Dave Stewart makes a point that managers and artists have been pondering for years. When you buy a shirt with a credit card, you and retailer can see the transaction in 1.6 seconds. Why is it when you sell a record, the record labels do not give the artist access to the accounting (unless you audit them) and there is no transparency? It's a digital world and the labels are still living by that 50 year old structure. It also helps their bottom line, just ask Cher and the estate of Sonny Bono. They are suing for back royalties on Sonny and Cher records due to what they claim is illegal/creative accounting.
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