Major Record Labels Could Owe $6 Billion For Pirating Copyrighted Music

US Oh, The Irony....      09/12/09

Major Record Labels Could Owe $6 Billion For Pirating Copyrighted Music


Buying Choices
Affilliate Links help support the site

Warner Music Canada, Sony BMG Music Canada, EMI Music Canada, and Universal Music Canada could be liable for up to $6 billion for music piracy, according to Canadian Internet legal expert Michael Geist.

The labels are being sued by the estate of jazz trumpeter/vocalist Chet Baker and others, as part of a massive class-action lawsuit.

The lawsuit is the result of a longstanding practice in Canada of labels releasing compilations and live recordings without obtaining the proper copyright licenses. Instead, the labels have created a "pending list", meaning that approval and payment is pending.

The pending list reaches back to the 80s, so there are hundreds of thousands of recordings for which paymen is "pending".

The lawsuit seeks statutory damages of $20,000 per song, which could push the labels' liability to $6 billion.

Courts have found individual file-sharers liable for tens and even hundreds of thousands of dollars in the last year. Do you think there's any chance of that happening to the labels themselves?

Link:

James Lewin
Twitter @podcasting_news

< More News: Like This
Even more news...


 

Want Our Newsletter?



More...

New developments for Waldorf's M 

Waldorf's hybrid synth has quite the development story


And more


Moog At The Super Bowl 

The Avila Brothers talk about their journey to the recent Super Bowl Halftime Show


3 Maverick Synth Makers who Did it for Themselves 

Innovation is the main focus for these builders.


3 Home Keyboards that are Actually AWESOME Synths! 

Not somewhere you usually look...


Aodyo Loom


Hey there, we use Cookies to customize your experience on Sonicstate.com