RIAA gets a kick in the nuts

[Czar]

http://www.austin360.com/aas/life/ap/ap_story.html/Entertainment/AP.V0766.AP-Record-Contract.html

though most likely wont affect them a bit

SACRAMENTO, Calif. (AP)--Singers and entertainment attorneys criticized California's $41 billion recording industry Tuesday, testifying that it routinely underreports royalties and cheats artists of millions of dollars.

Music attorney Don Engel estimated that record companies routinely ``underpay 10 to 40 percent on every royalty'' and dare artists to challenge it without killing their careers.

Among those testifying, singer Sam Moore, formerly of Sam and Dave, recalled learning in his 50s that his retirement fund would be $67 a month because his record label never reported income to his pension fund.

Singer Montel Jordan, who had the 1995 hit, ``This is How We Do It,'' said despite 2 million singles from that release and several albums since, he still owes money to his record label.

``I have sold many gold and platinum records. I've never had a moneymaking loss and yet ... I still haven't recouped,'' Jordan said.

edt.. actually this is very good news

A bill introduced in the Senate would close a record industry exemption from state labor law and limit contracts to seven years.

 

[TNTrulez]

Anything against RIAA = good in my book.

 

[Red Dawn]

The industry also released an economic analysis that showed fewer than 5 percent of signed artists produce a hit record. Likewise, for every hit, the industry loses $6.3 million on albums that fail.

Not to mention all the money they spend bribing corrupt Government Officials like Fritz Hollin.

 

[Linflas]

Originally posted by: Czar
http://www.austin360.com/aas/life/ap/ap_story.html/Entertainment/AP.V0766.AP-Record-Contract.html

though most likely wont affect them a bit

SACRAMENTO, Calif. (AP)--Singers and entertainment attorneys criticized California's $41 billion recording industry Tuesday, testifying that it routinely underreports royalties and cheats artists of millions of dollars.

Music attorney Don Engel estimated that record companies routinely ``underpay 10 to 40 percent on every royalty'' and dare artists to challenge it without killing their careers.

Among those testifying, singer Sam Moore, formerly of Sam and Dave, recalled learning in his 50s that his retirement fund would be $67 a month because his record label never reported income to his pension fund.

Singer Montel Jordan, who had the 1995 hit, ``This is How We Do It,'' said despite 2 million singles from that release and several albums since, he still owes money to his record label.

``I have sold many gold and platinum records. I've never had a moneymaking loss and yet ... I still haven't recouped,'' Jordan said.

but then there are some bad news there also

A bill introduced in the Senate would close a record industry exemption from state labor law and limit contracts to seven years.

Actually this stuff does have the potential to affect them in the long run. Groups like the RIAA and the MPAA are parasites that do their work under the cover of darkness. Shine some light on them and they begin to scurry like roaches. The only problem is that many of the outlets that could help shed this light are in some way connected to the companies represented by the RIAA/MPAA.

 

[glenn1]

RIAA gets a kick in the nuts

I claim next in line. Everyone else, take a number and form an orderly queue.

 

[SinnerWolf]

Ironically enough, Metallica, the "band" that fanned the flames on all of this copyright fiasco should be on the frontlines of this debate...as they were royally screwed on their first 2 albums. Sad how the artists want to go after their fans for money, when in fact it's the people they sign their lives away to who end up killing their profits. Hell, as greedy as they are, I'm surprised more artists don't whore themselves out and marry execs for Sony and the like just to get a better contract.

but then there are some bad news there also

A bill introduced in the Senate would close a record industry exemption from state labor law and limit contracts to seven years.

How is that bad news?? Doesn't that mean that copyright of an album or a song is dead after 7 years? The less copyright, the better.

 

[Czar]

Originally posted by: SinnerWolf

but then there are some bad news there also

A bill introduced in the Senate would close a record industry exemption from state labor law and limit contracts to seven years.

How is that bad news?? Doesn't that mean that copyright of an album or a song is dead after 7 years? The less copyright, the better.

read it again and came to the conclusion that I originaly read it wrong
I thought that this new bill would make the record industry legaly exempted from the labor laws and that currently it was illegall but no one had done anything about it

 

[MichaelD]

Originally posted by: SinnerWolf
Ironically enough, Metallica, the "band" that fanned the flames on all of this copyright fiasco should be on the frontlines of this debate...as they were royally screwed on their first 2 albums. Sad how the artists want to go after their fans for money, when in fact it's the people they sign their lives away to who end up killing their profits. Hell, as greedy as they are, I'm surprised more artists don't whore themselves out and marry execs for Sony and the like just to get a better contract.

but then there are some bad news there also

A bill introduced in the Senate would close a record industry exemption from state labor law and limit contracts to seven years.

How is that bad news?? Doesn't that mean that copyright of an album or a song is dead after 7 years? The less copyright, the better.

I used to be SO big into Metallica. I even waited in the rain, during winter, for the ticket booth to open.

However, after the whole "Metallica vs. Napster" thing, you know, where all the members of Metallica turned into complete d1ckheads? I completely abandoned them. I never bought another album since.

I saw Metallica back during the Ride the Lightning days. They were poor and hungry back then. They didn't care if you had a camera, tape recorder or whatever as long as you bought the album. Now they are complete jerks.

Back in the days before CDs (yes, you 20-somethings, CDs are a relatively new thing!) word-of-mouth of a bootlegged album or tape by your favorite artist spread like wildfire, promoting even more interest in the artist. Bootlegging was always officially discouraged, but they didn't do much to prevent it either.

These days, I'm so turned off by the music scene...a shame, really.

 

[Goosemaster]

Originally posted by: MichaelD

Originally posted by: SinnerWolf
Ironically enough, Metallica, the "band" that fanned the flames on all of this copyright fiasco should be on the frontlines of this debate...as they were royally screwed on their first 2 albums. Sad how the artists want to go after their fans for money, when in fact it's the people they sign their lives away to who end up killing their profits. Hell, as greedy as they are, I'm surprised more artists don't whore themselves out and marry execs for Sony and the like just to get a better contract.

but then there are some bad news there also

A bill introduced in the Senate would close a record industry exemption from state labor law and limit contracts to seven years.

How is that bad news?? Doesn't that mean that copyright of an album or a song is dead after 7 years? The less copyright, the better.

I used to be SO big into Metallica. I even waited in the rain, during winter, for the ticket booth to open.

However, after the whole "Metallica vs. Napster" thing, you know, where all the members of Metallica turned into complete d1ckheads? I completely abandoned them. I never bought another album since.

I saw Metallica back during the Ride the Lightning days. They were poor and hungry back then. They didn't care if you had a camera, tape recorder or whatever as long as you bought the album. Now they are complete jerks.

Back in the days before CDs (yes, you 20-somethings, CDs are a relatively new thing!) word-of-mouth of a bootlegged album or tape by your favorite artist spread like wildfire, promoting even more interest in the artist. Bootlegging was always officially discouraged, but they didn't do much to prevent it either.

These days, I'm so turned off by the music scene...a shame, really.

I agree. Before bootlegging was a bad thing. You were seen as a theif. I loved supporting my artists. I still do but the prices...man..the prices...

 

[Dedpuhl]

Metallica was/is over the hill. They need to make money somewhere....




Napster BAAAAAAAAAAD

 

[ViperXX]

Supposedly that's why Jason left. He got tired of Lars whining and crying. I saw the documentary on Metallica a couple of years ago and Jason was the only one who spent time with the fans after the show. I guess because he was one before Cliff died. The rest of Metallica got the rock star attitude and sh!t on their fans. I don't believe I'll buy another Metallica album.

 

[pyonir]

Originally posted by: MichaelD
(yes, you 20-somethings, CDs are a relatively new thing!)

I'm 24 and i don't think I had a CD until the early 90s.