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Tuesday, March 4, 2008

Unpaid P2P Settlements


Managers of top recording artists are considering legal action against major record labels, saying that Universal, Warner Music (NYSE: WMG) and EMI are dragging their feet in distributing hundreds of millions of dollars in settlements from copyright infringement lawsuits against file-sharing firms like Napster and Kazaa, the New York Post reported. "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," attorney John Branca, who has represented Korn and The Rolling Stones, told the Post. "Some of them are even talking about filing lawsuits if they don't get paid soon."



Read the entire article@http://www.dmwmedia.com/news/2008/02/29/artist-managers-consider-suing-over-unpaid-p2p-settlements

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