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RIAA Not Sharing Settlement Money With Artists

Klatoo55 writes "Various artists are considering lawsuits in order to press for their share of the estimated hundreds of millions of dollars the RIAA has obtained from settlements with services such as Bolt, KaZaA, and Napster. According to TorrentFreak's report on the potential action, there may not even be much left to pay out after monstrous legal fees are taken care of. The comments from the labels all claim that the money is on its way, and is simply taking longer due to difficulties dividing it all up."

3 of 233 comments (clear)

  1. Re:I Wonder... by Wandering+Wombat · · Score: 5, Informative

    Harry Nilsson wrote "One", Three Dog Night merely covered it... WITHOUT ASKING!!!

    --
    I like to place meaningful quotes in my sig, so people will know that I know what meaningful quotes are.
  2. Re:I Wonder... by invader_vim · · Score: 5, Informative

    You don't have to ask to cover a song. You just have to let the relevant administrative body (APRA in Australia, I believe it falls to ASCAP et al. in America) know about any recording or performance you have done of it, so that the artist will be recompensed for your use of the song.

  3. Re:I Wonder... by hedwards · · Score: 5, Informative

    That only applies to live music. ASCAP is responsible for licensing musical performances. If I want to perform music that ASCAP licenses, I pay them a fee and get to use the work.

    A typical bar featuring music will typically pay ASCAP a recurring fee to cover the songs in that catalog and be allowed to perform any of them. You don't technically have to pay ASCAP a fee just because you have music, but you're in for a world of hurt if you get caught with an unlicensed performance of a covered work.

    The big dirty secret here is that ASCAP doesn't tell anybody how it is that they distribute the license money. It's incredibly hard to know if relatively unknown artists are being compensated fairly.

    "Live" performances are radio, TV, phone systems, intercoms and any other venue where the main use of the music is listening to rather than a copy of. Frequently places will just buy a license through a third party which pays the fees as well as provides the music itself to simplify the whole process. Muzak is one of the more common outfits that provides the service.