record company

Artists seek their share of record company settlements and revenue sharing deals

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Source: Music & Copyright, informa telecoms & media,
Page: 362, Issue 362,
Date: 1 - 5/2008
Month: March

Full Text:

Damages paid by P2P website services has so far gone only to the record companies. Artists and managers are looking for their share of the monies paid in settlements. At the moment, artists are being paid an average of $45.05 for every $1000 pirated. The proposed method of payment by artists and managers would entitle them to $315.50 for every $1000 pirated.
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