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The R&B stars declared debts of $3.5m, despite having one of the decade's best selling albums, CrazySexyCool.
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Its direct competitors, Universal and Warner Music, may feel they should follow suit - but Gray says they should go even further by fixing the low royalty rates given to artists in the 1960s and 70s.
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Vandenberg discusses the technical elements. “Light, exposure, camera angle, composition and theme are essential tools in photography. The elements and principles of design (color, texture, line, contrast), as well as post-production editing (Photoshop and such), are additional devices we use to craft a mood and drive a visual narrative,” she said. “Everything in the photographic frame serves as a symbol or metaphor for the viewer.”
The decision not to have Berkshire pay dividends has been supported by the vast majority of his shareholders. “I can’t think of any large public company with shareholders so united in their reinvestment beliefs,” he wrote. And he pointed out that Berkshire Hathaway pays significant corporate taxes, accounting for 1.5% of total U.S. corporate taxes in 2019 and 2020.