by Mike Masnick
Mon, Dec 14th 2009 8:17am
We always hear the record labels and politicians screaming bloody murder over the concept that musicians aren't being paid "what they're owed" due to piracy -- but when there's a situation where musicians might actually not be getting paid what they're owed? Silence. A few weeks back, MySpace "bought" Imeem in a fire sale. But, the details of the deal suggest they didn't actually buy the company, but "certain assets," which means they get to ignore the liabilities. Guess what those liabilities include? You got it: paying artists what they're owed. Now, as the Wired article notes, there's nothing technically wrong with MySpace acquiring just the assets, but it is notable that it's the musicians left without getting paid what they're actually owed (not some theoretical concept like what they might be "owed" due to unauthorized file sharing). And, yet, we don't seem to hear any politicians or record labels screaming about this. Funny, since they keep insisting that they're really just interested in helping artists...
If you liked this post, you may also be interested in...
- Wikimedia Takes Down Diary Of Anne Frank, Uses It To Highlight Idiocy Of DMCA Rules, Copyright Terms
- Dish Agrees To Cripple Its Ad-Skipping DVR To Settle Fox Lawsuit
- Law Students Line Up Behind 'Baby Blue' -- Will Harvard Law Review Sue?
- FTC To Monitor MySpace And/Or Empty Space For 20 Years
- Guy Loses Probation Because Court Decides That Facebook & MySpace Are 'Electronic Bulletin Boards'