[QUOTE=voxsmart;2661049]I wonder where that money actually goes…[/QUOTE]
Vox, you mean the gov’t wouldn’t give 100% of all those collected payments to the artists and performers?!! Oh, surely they would!! I mean, just look how faithfully the RIAA & Friends pay those people!
“Minus our 98% administrative fees, 1.999% fund management fees, the 0.0009% monthly rebate fees and the 0.00009% retirement fund withholding plus of course the 0.000009% escrow payment fees… this should leave artists and performers with a collective fortune in the pennies per year. Compounded annually, too.”
Eleanor Rigby had it better.