Items tagged with music industry

There’s good news for Internet radio sites such as Pandora. A group of webcasters have reached an agreement with SoundExchange, the organization that collects royalties for musicians and record companies, over royalty payments for playing music online. The dispute has been going on for two and a half years and has threatened to silence the Internet radio business. The fear of expensive royalty bills has even caused some people who started online radio stations as a hobby to quit.Now, thanks to the settlement, webcasters and conventional radio stations that simulcast their broadcasts online will be able to continue streaming music and avoid per-song royalty payments that were set in 2007 by a... Read more...
Various companies and even the RIAA have either settled with or won numerous law suits against pirates and/or networks that allow piracy such as the old Napster or Kazaa.  We're talking at least 9-figures worth of damages awarded and/or settlements paid off, but yet the artists don't seem to be getting paid:"Artist managers and lawyers have been wondering for months when their artists will see money from the copyright settlements and how it will be accounted for," said lawyer John Branca, who has represented Korn, Don Henley, and The Rolling Stones, among others."Some of them are even talking about filing lawsuits if they don't get paid soon."It would be an incredibly ironic end to the music... Read more...