...and decimates legacy music labels.
Eminem Lawsuit May Raise Pay for Older Artists (NYT)
Four years ago, the producers who discovered Eminem sued his record label, the Universal Music Group, over the way royalties are computed for digital music, which boils down to whether an individual song sold online should be considered a license or a sale. The difference is far from academic because, as with most artists, Eminem’s contract stipulates that he gets 50 percent of the royalties for a license but only 12 percent for a sale....The suit reached its apparent end last week when the Supreme Court refused to hear an appeal, letting stand a lower court’s decision that digital music should be treated as a license. Lawyers and music executives say that few younger artists are likely to be affected by the decision because since the early 2000s record companies have revised most of their contracts to include digital sales among an artist’s record royalties.
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The suit reached its apparent end last week when the Supreme Court refused to hear an appeal, letting stand a lower court’s decision that digital music should be treated as a license. Lawyers and music executives say that few younger artists are likely to be affected by the decision because since the early 2000s record companies have revised most of their contracts to include digital sales among an artist’s record royalties.
― light...sweet...crude (Sanpaku), Monday, 28 March 2011 15:02 (fourteen years ago)
cue the "first good thing eminem's ever done" quips in 3, 2....
― ilxor you've listened to one odd future album once (ilxor), Monday, 28 March 2011 15:08 (fourteen years ago)
I think I hear Robert Fripp doing a happy little Snoopy-dance somewhere. (Based on online sales that he never approved to begin with.)
― The Louvin Spoonful (WmC), Monday, 28 March 2011 15:09 (fourteen years ago)