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Tuesday, May 04, 2004 |
Recording companies agree to pay $50M to artists
Major recording companies have agreed to return nearly $50 million in unclaimed royalties to Sean Combs, Gloria Estefan, Dolly Parton and thousands of lesser known musicians under a settlement announced Tuesday.
A two-year investigation by New York state Attorney General Eliot Spitzer's office found that many artists were not being paid royalties because record companies lost contact with the performers and had stopped making required payments.
. . .
Spitzer had no explanation when asked how companies could lose contact with such big-name artists.
[Salon.com/AP]
I dunno . . . greed?
9:35:05 PM
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Mashup Artists Face the Music. Mashups -- a style of music remix -- are getting more attention, thanks to David Bowie. The publicity is forcing artists to think about the form's legal nuances. By Daniel Terdiman. [Wired News]
7:21:28 AM
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