Over the weekend, I became aware of the Artists’ lawsuit against major record labels for copyright infringement. While the lawsuit dates back to 2008, it keeps popping up in the news because new plaintiffs keep joining the case.
The issue has occurred because record companies no longer had to get a compulsory license every time they used a song. As long as the song was added to a list of music pending authorization. Essentially, this translates to using the song now as long as it was on a ‘pending’ list, and the artist(s) would be paid later. As you might guess, this did not work out so well – the promise of payment has not happened. The list of ‘pending’ songs is over 300,000 – YIKES. The copyright infringement lawsuit may be valued as high as $ 6 billion.
How ironic the the record companies will go after music sharing violations of various schemes, then hold out on paying the artists themselves. Hmmmm. Thanks to Twitter contact @NBCCSue for posting the link to this article.
1. View the ars technica blog post.