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PUBLIC TESTIMONY

Testimony by Michael DeBarge, Owner of Midtown Radio and Records, on Fair Wage for Musicians Act

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    Michael DeBarge, owner of Midtown Radio and Records, testifies in support of the Fair Wage for Musicians Act, highlighting the financial struggles of musicians in New York City due to inadequate compensation from streaming services. He shares his personal experiences in the music industry and emphasizes the importance of fair pay for artists who contribute to the cultural landscape.

    • DeBarge ran a free recording studio for 10 years to support struggling artists but had to close it due to financial constraints.
    • He points out that streaming companies now control 70% of the market while continuously decreasing payments to artists.
    • DeBarge notes that streaming payments have drastically decreased from about 9.1¢ per stream to a fraction of that amount, with Spotify being cited as the worst offender.