Anyone? Anyone?:
"Artist managers and lawyers have been wondering for months when their artists will see money from the copyright settlements and how it will be accounted for," said lawyer John Branca, who has represented Korn, Don Henley, and The Rolling Stones, among others.
"Some of them are even talking about filing lawsuits if they don't get paid soon."
Record label sources said corporate bosses are still deciding on how best to split the money. In determining the payout, they said not every artist is owed money and it must be calculated with regard to the level of copyright infringement for each artist.
What's more, these sources said that after the labels recouped their legal expenses, there wasn't much left to pass along to the artists.
I'm shocked (shocked!) that anyone would think that the major labels are up to anything other than protecting the rights of artists, and ensuring their financial future.
Posted by binky at March 1, 2008 11:53 AM | TrackBack | Posted to Corporate Bullshit | Music