................................. To leave Commie, hyper to http://commie.oy.com/commie_leaving.html ................................. Well, what a surprise ! Industries - Internet & E-commerce - Text Newsletter a News By E-mail service from FT.com Record labels have not shared MP3 settlements with artists Apr 3, 2001, Los Angeles Times. As part of its probe into the digital music debate, Congress should take a look at record companies' bank accounts. Internet company MP3.com... http://tm0.com/sbct.cgi?s=53435129&i=325325&d=1282588 (in full:) As part of its probe into the digital music debate, Congress should take a look at record companies' bank accounts. Internet company MP3.com has paid AOL Time Warner, Bertelsmann, EMI and Sony an estimated $80 each in settlements, but none has passed the money on to the recording artists involved. The San Diego -based start-up was sued for infringement of copy- right after creating an unauthorized database of 80,000 albums. Executives at the companies intend to share the money with the artists, but are unsure whether it should be treated as licensing revenue, 50% of which is given to artists, or as royalties, which would constitute a smaller amount.
