Price-Fixing Settlement Checks in the Mail

toastyman writes "Remember the Music Industry $67m settlement from way back in 2002? Seven months later than planned, your $13.86 check is finally on its way. In addition to the cash settlement, the defendants in the suit are also giving 5.6 million CD's to educational programs."

Comments

Re:Big bloody deal.

[pegr]

As long as you're looking a gift horse in the mouth, don't forget that you have to report the $13.86 check as income on your taxes next April!

No, since the award is compensation for damages you've already suffered, its even and no taxable event occured... Unless you wrote off the "damage" already in a previous tax year. (IANATA - I Am Not A Tax Accountant...)

Put your money where your mouth is

[onyxruby]

Donate your check to the EFF and help fight for those freedoms you keep complaining about being taken away. Just forward your check to:

Electronic Frontier Foundation
454 Shotwell
San Francisco, CA 94110

You can also make a donation at their website:
https://secure.eff.org/

Re:YIPPY

[Pope]

And, taking inflation into account, that's cheaper than a US$9 LP is 1980 dollars.

In 1989 when I started buying CDs, they were about US$13 to US$18. So, after inflation, they have gotten cheaper.

On top of that, most LPs in the 70s and 80s were 35 to 40 minutes; the average CD I'd reckon on 50 to 70 minutes. So, again, you're getting more music for your money these days.