Excerpt from Australian Radio interview with Roger McGuinn, June 5, 2001 Interviewer Richard Glover: ...[in your 2000 Senate testimony about music downloading] you detailed how little money you'd made from the big record companies, from all those big albums which many of us have in our collections. We paid big bucks for them at the time, but it didn't go to you. Roger McGuinn: No it doesn't go to the artist. It goes to the record company.. That's a dirty little secret in the music business; everybody thinks the artist gets a fair share.... The Byrds signed a very bad deal....For example, 'Mr. Tambourine Man' the first Byrds album, sold quite a number of copies...the royalty rate [for me] was .0017 cents (US) per album. Richard Glover: Well don't spend it all at once, Roger. Roger McGuinn: I couldn't even weigh myself at the mall....

... Musicians shouldn't stand up for the record companies when they cry "Oh the poor artist is gonna get ripped off by this mp3 stuff." Musicians shouldn't worry about it. I was surprised to see a number of artists don't understand the setup in the music business....."