Tuesday, May 02, 2006

Classic rock acts sue Sony over digital sales royalties

Classic rock acts sue Sony over digital sales royalties
by ERIC BANGEMAN
ArsTechnica, publication date: 28 April 2006
"According to the lawsuit, which is seeking class-action status, Sony makes about 70? for each track sold on the iTunes Music Store and other online services. Of that, roughly 4.5? is passed on to the bands. Cheap Trick and The Allman Brothers say that under the terms of their contracts, they are supposed to receive roughly 30? per track sold.

Now that the DRM issue has been sorted out to the satisfaction of the labels and most consumers, the record companies have grown to really love the concept of music downloads."

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