Indie Label representative IMPALA have suggested a new 10 point plan to see indies getting compensated for discovering new artists, just like football clubs getting money for developing new players.

With the majors getting ever more afraid to invest in new artists, one of their main tactics have been getting independent labels to do their early A+R work for them.
For those lucky indies, they would normally retain 5% of future sales and an up front payment or sometimes yearly funding, known as the 'finders fee'.
However it's not always the case as in alot of cases, the act just gets taken without compensation.
Impala are trying to reduce the chances of this risk from happening by proposing this new plan to the European Commission. The proposal includes the 5% of all future revenues, assistance on accounting and funding as well as asking for zero VAT for digital music sales.
Lets hope they get their wish!

Check out the Impala Homepage for more info on the company - http://www.impalasite.org/