RIAA, again, fights to lower artists' royalties

Well, look who isn't sticking up for those starving artists (again). It's their old "friend" the RIAA. The spin the RIAA is putting on this issue is making even me dizzy:

"Record companies are suffering a contraction of their business at a time when music publisher revenues and margins have increased markedly," the trade group wrote. "While record companies have been forced to drastically cut costs and employees, music publisher catalogs have increased in value due to steadily rising mechanical royalty rates and alternative revenue streams made possible, but not enjoyed, by record companies."