2.29.2008

Artists to music labels: Where's our Napster money?


From the News Blog on cnet.

An article written by Greg Sandoval that came from the New York Post.


So what happened to all the settlement money that Napster and Kazaa were forced to pay the record labels?

That's the question some music artists are asking, according to a story that appeared Wednesday in The New York Post.

The Post quoted two talent managers who said that artists have yet to see their cut of the Napster-Kazaa settlements. This isn't pocket change we're talking here. Napster paid $270 million to settle its copyright infringement case and Kazaa forked over $100 million. Some on the talent side suspect the top four record companies of foot dragging or playing "hide and seek" with the cash.

for the rest of the story click this -----> Link

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