The song is the currency of the music business. Yet the songwriter — who delivers the most important component to the success of a record company, publisher, promoter, manager, agent, music venue, radio station, broadcaster et al – is the lowest paid person in the economic equation. An equation that has made the modern music industry a juggernaut. In this session, Founder and CEO of Hipgnosis Song Management, Merck Mercuriadis and GRAMMY-winning composer, producer, arranger and guitarist Nile Rodgers talk about where the songwriter currently sits in the economic equation and their mission to change the dynamics as to how songwriters are compensated in the future.