Monday, January 10, 2011
Record Labels To Pay $45 Million for Pirating Artists’ Music | TorrentFreak
[Summary] Major record labels have been selling CDs containing music for which they haven't cleared the rights. They have used the uncleared songs and made note of them on "pending list" so they can deal with it later. The list of unpaid tracks has grown to 300,000 in Canada alone. In 2008, a group of artists and composers filed a class action lawsuit against four major record labels. The requested damages were up to $6 billion. On January 10, 2011, both parties struck a settlement agreement, where the record labels would pay $45 million. (source)
[My Thought] (Orphan works analogy) There are de facto orphan works in the music industry. Orphan works are works whose right holder is not known. The music in the above story is not orphan but is treated like one. (Fairness in copyright globe) Major labels are most ardent in pursuing their rights (also called money) but are proven to be less than adequately careful in honoring others' rights. This case brings the hugely skewed music industry a little bit back to fairness.
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Record Labels To Pay $45 Million for Pirating Artists’ Music | TorrentFreak
[Summary] Major record labels have been selling CDs containing music for which they haven't cleared the rights. They have used the uncleared songs and made note of them on "pending list" so they can deal with it later. The list of unpaid tracks has grown to 300,000 in Canada alone. In 2008, a group of artists and composers filed a class action lawsuit against four major record labels. The requested damages were up to $6 billion. On January 10, 2011, both parties struck a settlement agreement, where the record labels would pay $45 million. (source)
[My Thought] (Orphan works analogy) There are de facto orphan works in the music industry. Orphan works are works whose right holder is not known. The music in the above story is not orphan but is treated like one. (Fairness in copyright globe) Major labels are most ardent in pursuing their rights (also called money) but are proven to be less than adequately careful in honoring others' rights. This case brings the hugely skewed music industry a little bit back to fairness.
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