The Music Industry, and Why We Should Sic Washington On Them
Two stories that I find, interesting, to say the least:
Dan Gillmor: "The music industry, denying it's done anything wrong, decided to pay $143 million in cash and contributions to settle a price-fixing suit filed by two states."[ lawrence's notebook, 10/2/2002; 8:22:12 AM.]
MusicDish: "In a shocking statement made by Back Street Boy, Kevin Richardson, he testified that they have never received a royalty check." [ Scripting News, 10/1/2002; 9:00:18 PM.]
Hmmm, so on the one hand, we have price fixing, and on the other, we have artists getting ripped off. Dig into that second story for more of just how the labels have lied to and stolen from their artists, as well as the arcane audit process that is in place. Hey, the IRS seems to have more time on it's hands since it had to go all nice nice a few years back, let's get them to audit the books of the labels. An entertainment tax code, if you will, that labels will have to follow.