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Sony pays $8 million to artists it ripped off

With more lawsuits coming.
»www.rollingstone.com/music/news/···20120309

quote:
Artists eligible for this suit were signed to the label between 1976 and 2001 and have contracts with clauses stating that they receive 50 percent of net revenue for licensed music. A lawsuit on behalf of Eminem last year set a precedent that digital sales count as a license rather than a traditional sale, as is the case with LPs and CDs. A number of other artists, including Peter Frampton, Toto, Public Enemy and Kenny Rogers, are also pursuing similar legal battles hoping to score unpaid royalties and improve their rate in the future.
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Noah Vail
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Sounds like a good deal for artists who are part of the 1%.
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