Fairness Rocks News Why Songwriters Should Care About Inflation Protection for Mechanical Licenses


Fairness Rocks News Why Songwriters Should Care About Inflation Protection for Mechanical Licenses

Home Industry News Why Songwriters Should Care About Inflation Protection for Mechanical Licenses

Author: Chris Castle

Date: October 7, 2021

Original Source: Music Tech Solutions

Industry News

Why Songwriters Should Care About Inflation Protection for Mechanical Licenses

In a word: Stagflation. Maybe. In more words, classic stagflation occurs when supply side shocks lead to the costs of goods increasing while the real economy declines. We certainly have had and continue to have supply side shocks and it’s hard to tell what the real economy is doing because of distortion. Due to the COVID pandemic, the global economy has been hit with a cascading series of supply side shocks. For example, one shock is due to supply chain disruptions which look something like this:

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