Go Back   Hip Hop Board > Hip Hop > G-Unit / Thisis50 Headlines
Connect with Facebook


Reply
 
LinkBack Thread Tools Display Modes
Old 03-07-2009, 05:00 PM   #1
Veteran
 
THISIS50's Avatar
 
Join Date: Feb 2008
Location: G-Unit Headquarters
Posts: 4,796
Repped: 11
Repped 120 Times in 97 Posts
Neg Reps: 0
Neg Repped at 36 Times in 34 Posts
THISIS50 THISIS50 THISIS50 THISIS50 THISIS50 THISIS50 THISIS50 THISIS50 THISIS50 THISIS50 THISIS50
Default Universal Music wins Eminem song royalty lawsuit

Universal Music wins Eminem song royalty lawsuit

p style=text-align: left;img src=http://api.ning.com/files/zRamNeM4Y2-jbnj41rQYKn4Dc896Z8*GXZRemGBn-aqmjlUnwMNEGu8XDa-u87PKGKnCoX25GwxK5GBt49jWaKBIzodjAYb6/peopleeminem2447680_1350.jpg alt= width=450 height=450//p bbr / A Los Angeles jury says the record company doesn't have to pay producers more for songs sold online, upholding the music industry's business model.br / br / A federal jury in Los Angeles ruled Friday that Eminem's music royalties don't change just because a song has been sold online.br / /bbr / bThe decision prevents/b, at least for now, an bupending of the music industry/b that could have greatly changed the bfinancial relationship/b between brecord labels/b and bartists/b, in which blabels/b have long bcommanded most of the proceeds from album sales./bbr / br / bThe Detroit music producers/b who were involved in tbhe rapper's early works/b, including his b1999 Grammy-winning album, The Slim Shady LP, sued Universal Music Group's Interscope Records,/b baccusing the music label of shortchanging them on royalty payments for music downloads and cellphone ring tones/bbr / br / bMark and Jeff Bass, brothers who own F.B.T. Productions, said/b itheir contract entitled them to 50% of the proceeds for songs sold through online stores including Apple Inc.'s iTunes or by cellphone operators such as Sprint./ibr / br / bThey argued that the songs Universal/b provided to online and mobile services amounted to music bmasters,/b from which infinite digital copies could be produced. bAs such, F.B.T. said/b it was entitled to a higher royalty rate than the 12% they would otherwise receive on the sale of a bsong/b or bmusic CD./bbr / br / bThe jury sided with the music company's interpretation that a song purchased online is no different from one bought in a store./bbr / br / It's saying that the digital download is the modern version of a record sale, bsaid music attorney Fred Davis, founder of law firm Davis, Shapiro, Lewit, Montone amp; Hayes in New York, who was not involved in the lawsuit./b And the economics to the artist are the same for a digital download as they were for the sale of a single, back in the glory years.br / br / bDavis said/b the ruling would have had enormous implications if it had favored bthe Bass brothers/b, because it would have forced an already struggling music industry to share a much higher percentage of bproceeds from sales with artists./bbr / bbr / Although federal district court rulings do not establish a legal precedent, they can influence judges weighing similar disputes. Eminem was not a party to the suit./bbr / br / bRichard S. Busch,/b an attorney representing the Basses, bsaid his clients/b were considering their legal options.br / br / We are very surprised by the jury's verdict, bBusch said/b. We don't understand it, and the fight's not over.br / br / bA Universal Music spokesman hailed the decision, saying,/b We are pleased with the jury's verdict.br / br / bThe jury did award F.B.T. $159,000 owed from underpaid royalties/bbr / br / a href=http://www.latimes.com/entertainment/news/music/la-fi-cotown-eminem7-2009mar07,0,3397740.storybiusource/u/i/b/a
THISIS50 is offline   Reply With Quote
Reply

Lower Navigation
Go Back   Hip Hop Board > Hip Hop > G-Unit / Thisis50 Headlines
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -4. The time now is 04:28 PM.


Powered by vBulletin® Version 3.8.2
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.3.0