As I've said in prevoius posts on the subject of Taxi.
I co-wrote a song with a member of Taxi. Through Taxi, we gained access to a publisher (which we likely could not have accessed without Taxi). Through this publisher we had the song placed in a movie. Although it was a direct to video movie, it has been broadcast on a network channel as well as various cable channels.
We made a small amount of cash from this song. More importantly, we gained access to a legitimate publishing company - who has proven the ability to place songs. Hopefully this can have some future value.
Now we have had other songs we sent to Taxi, which resulted in nothing more than rather generic but helpful and honest critque. We have also had the publisher turn down some submissions.
Now the question is: Since Taxi (and the publisher) did nothing with the other songs, are they frauds - or were are songs not good enough???
Taxi looks for very formula driven (ie: commercial) material which can meet specific needs - it is very likely the majority of songs submitted simply do not meet the rather restictive criteria.
I'm not defending Taxi - since I agree that many may join Taxi with stars in their eyes and little in the way talent when it comes to writting a good commericial song, and for those people Taxi is not the best place to spend thier money.
Although Taxi may only lay claim to one #1 hit, there are other less impressive successes. I can't speak for everyone, but at least in the case of the song we placed in a movie - Taxi was worth the price of admission.