Indie Records Sue Limewire; Feeling Left Out From RIAA Settlement
from the mo-money dept
Back in May, the big record labels settled with Limewire for $105 million. We questioned how much of that money would make it to artists... but there's a separate question too: what about the indie labels who weren't a part of the lawsuit. Apparently, the labels had asked indie labels to stay out of the lawsuit, and Limewire made a promise that it would offer similar settlement terms to those indies. Apparently, that hasn't happened.. and so the indies are suing Limewire as well. I'd be surprised if this didn't settle relatively quickly.