War on labels will be Worth It

RAYE FURIOUS OVER PROFITS

SHE stood up for herself and won big, now BRITs champ Raye is going to war against big labels on behalf of all songwriters.

The Londoner, who famously quit her label when they refused to release her debut album, is upset at the inequality between artist/ songwriter and big corporations they work for.

Fighting for a better deal, she fumed: “For an industry that profits off songs, you got these CEOs and big label execs living in their fat huge Chelsea mansions, living a beautiful life, meanwhile songwriters you are profiting off are broke, can’t afford rent and fighting over scraps of publishing that is sat in bank accounts for two years before they receive a penny, because publishers have kept it in there so they can collect interest and make a whole separate business.”

Raye broke down exactly how pop stars and songwriters get paid, and the numbers are shocking.

She said: “Every single song that’s released in the world there are 100 royalty points. The label will take say 80 points. The artist, in a good deal, will take maybe 20, 15 or maybe 12 and then producers get four points, but it has to come out of the artist’s points.

“And the songwriter doesn’t even get one point.

“It’s disgusting, the whole industry is disgusting. That’s one little example of what goes on behind closed doors where there is no accountability.”

Raye, who won six BRIT Awards going independent, jokingly says she now earns money from record sales for the first time and clearly wants better for everyone: “It makes me very angry.”