from the industry-jenga dept.
eldavojohn writes "The funny thing about the RIAA & BPI is that the artists are just as tired as the fans with how online music is being handled. So they're trying something new called the Featured Artists' Coalition. FAC's site states in their charter: 'We believe that all music artistes should control their destiny because ultimately it is their art and endeavors that create the pleasure and emotion enjoyed by so many.' As digital releases are increasing, the artists aren't seeing any more money. With the advent of online distribution, are the traditional music industry functions of promotion, samples, radio, and marketing now nothing but costly overhead for the artists? From Iron Maiden to Kate Nash to Radiohead, some big names are backing this new organization."