This is essentially the pre-Beatles model we saw in Tin Pan Alley and the Brill Building. Carole King's biggest hits were written for like $75/week. It declined as musicians started writing and recording their own songs and being self-contained creative acts, not to mention the, shall we say, "unfair equity strategies" the record labels used. That is, it's all well and good until the bosses take all the big money.
That's interesting. I didn't know this but I think this model should be brought back for most cases I think safe guards can be put into place to guard against "unfair equity strategies".
