Re: Rapper files $100M class-action suit against label-WHAT HYPOCRISY!

[FAR-VA~Says Hit The Road Tchad]

Re: Rapper files $100M class-action suit against label-WHAT HYPOCRISY!

Group: rec.sport.pro-wrestling Date: Sat, Nov 5, 2011, 8:47pm (EDT-3)
From: rjs...@yahoo.com (robert)
On Nov 5, 3:51 pm, Vindr...@webtv.net (FAR-VA~Says Hit The Road Tchad)
wrote:
Chuck D files $100M class-action suit against label Public Enemy
frontman claims label short-changed artists in deals for digital
downloadsBy Tim KenneallyTheWrap.com LOS ANGELES â€" Universal Music
Group is being asked to pay the piper when it comes to digital licensing
â€" and the bill could end up being pretty hefty indeed.
Public Enemy frontman Chuck D (born Carlton Douglas Ridenhour) filed a
class-action lawsuit against Universal in U.S. District Court in
Northern California on Tuesday, alleging that the music giant has
short-changed its artists and producers in licensing deals for digital
downloads and ringtones.
The suit alleges that Universal owes its artists "hundreds of millions
of dollars in royalties" because of the discrepancies. According to the
suit, Universal's artists and producers are entitled to 50 percent of
the net receipts from digital downloads and ringtones. However, the suit
alleges, the company has treated such transactions like sales of
physical product. Meaning that not only is there a much lower royalty
rate involved, but the company makes deductions for things like
containers and packaging â€" which aren't an issue for digital
downloads or ringtones.
The difference, the suit claims, is massive. According to Ridenhour's
claim, under UMG's current method of accounting, artists and producers
receive $80.33 for every 1,000 downloads, when the correct amount should
be $315.85 per 1,000. On the ringtone side of things, the discrepancy is
even more drastic. The suit claims that UMG's current accounting method
yields $49.89 per thousand downloads, as opposed to the $660 per 1,000
that the suit claims is actually owed.
Ridenhour, who claims breach of contract, is demanding a jury trial. The
Public Enemy frontman isn't the only one claiming shenanigans in UMG's
accounting. The trust of deceased "Super Freak" singer Rick James has
also filed a class-action suit against the company, also claiming that
UMG is treating licensing profits as resale profits. Though the company
attempted have the complaint dismissed, U.S. District Judge Susan
Illston dismissed that motion Tuesday. TheWrap was unable to reach UMG
for comment. Copyright 2011 by TheWrap.com
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i hate rap.

no shit!

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                            /'_/)
                          ,/_  /
                         /    /
                   /'_'/'   '/'__'7,
                /'/    /    /    /" /_\
               ('(    ' Fuck     /'   ')  
              \      You'          /
                 '\'              _.7'
                   \             (
                     \            \
BEWARE JACKOFF JENKEMROBBY.

DON'T TAZE MY GRANNY!

REAL MEN DON"T DRINK SMOOTHIES.

BEYOND BE VACHEL CARLING'S RUBILATOR.

COURVOISALIEN COFFEE IS UNDERGROUND

[rob]

On Nov 5, 11:53 pm, Vindr...@webtv.net (FAR-VA~Says Hit The Road

Tchad) wrote:
> Re: Rapper files $100M class-action suit against label-WHAT HYPOCRISY!
>
> Group: rec.sport.pro-wrestling Date: Sat, Nov 5, 2011, 8:47pm (EDT-3)

> From: rjs2...@yahoo.com (robert)

it sucks ass.