Joe Scarborough: “What is outrageous is that you will have a multimillion dollar artist that is in the middle of a contract and decides…”

“What is outrageous is that you will have a multimillion dollar artist that is in the middle of a contract and decides, as I have read in one case, does not want to make $15 million in the next album, but they want to make $30 million on the next album so they go to bankruptcy court, and in bankruptcy court, they try to get it thrown out so they can go back and renegotiate a new contract and make $30 million. Let us not talk about poor starving artists. We have documented cases of people that are making multi-multimillions on albums, and they just simply want to renegotiate their deal. That is outrageous. Sign a deal, and live by the terms of that deal. Now, I have heard also the race card has been used. If there is any color involved in this issue, it is the color green, the color of money, because this affects every artist, whether they are black or white, or whether they are Hispanic, whether they are working in L.A., Nashville or New York. This is race neutral. It is simply saying to the bankruptcy court, you have the discretion to decide whether somebody is using the rules to break a valid contract. I oppose the Scott amendment.”