by Mike Masnick
Thu, Feb 28th 2008 1:55pm
The RIAA and its associated organizations certainly have a rather long history of not sharing the windfall from various lawsuits and settlements with the artists the RIAA likes to claim it represents -- and now those musicians are getting angry. Torrent Freak points us to the news that various managers and lawyers representing some big name musicians are discussing filing a lawsuit against the record labels for keeping all of that money. The record labels claim either that they are distributing some amount (if required to contractually) or that they're still trying to figure out how to "split" the money. Of course, they're also giving the usual story about how "after legal fees" there really isn't that much left to give out. Remember, though, when it comes to talk to the press or politicians, they'll swear up and down that these lawsuits are all for the musicians.
If you liked this post, you may also be interested in...
- RIAA Still Pushing Its Bogus Message Of A 'Value Gap' And 'Fair Compensation'
- Legacy Recording Industry To Trump: Please Tell Tech Companies To Nerd Harder To Censor The Internet
- Report: DEA Blowing Money On Liars, Thieves, And Amtrak Employees
- Did The NY Times Give Up Its Journalism Standards The Second Facebook Threw A Few Million Its Way?
- IsoHunt Settles The Last Of Its Lawsuits, Laughably Agrees To 'Pay' Recording Industry $66 Million