The entire system breaks down as you're attempting to.... It's not as simple as just going down into your basement and recording into GarageBand. It costs money to produce a song, and it costs money to distribute a song. Without any kind of potential for remuneration, it's just unsustainable. It's now difficult even at the label level for established artists to define budgets to produce what they need to produce with very little opportunity at all of album sales. It's difficult to see how we're going to be able to be compensated without some assistance from this bill.
On May 31st, 2022. See this statement in context.