PtP
01-05-2006, 11:57 AM
Sony might well be the subject of more legal action, this time it’s a class action lawsuit (http://www.betanews.com/article/Sony_Sued_for_Shortchanging_Artists/1146251830) from its artists. Musicians The Allman Brothers and Cheap Trick claim that the company is not giving its artists a fair share, and claims that the company is presently engaged in a widespread attempt to underpay its recording artists.
Sony on average is receiving about 70 cents of the average 99-cent per track charge for digital downloads, the suit alleges. The group is looking to make the case a class action suit, covering any band that signed a deal with Sony between 1962 and 2002. This would cover approximately 2,500 bands.
If the suit is a success, Sony could be looking at paying out millions in royalties. The company has so far declined to comment. (http://www.techspot.com/news/21464-sony-being-sued.html)
Sony on average is receiving about 70 cents of the average 99-cent per track charge for digital downloads, the suit alleges. The group is looking to make the case a class action suit, covering any band that signed a deal with Sony between 1962 and 2002. This would cover approximately 2,500 bands.
If the suit is a success, Sony could be looking at paying out millions in royalties. The company has so far declined to comment. (http://www.techspot.com/news/21464-sony-being-sued.html)