Tuesday, December 8, 2009

Geist: Record industry faces liability over `infringement' - thestar.com

Record industry faces US$60B+ liability over `infringement'

Chet Baker was a leading jazz musician in the 1950s, playing trumpet and providing vocals. Baker died in 1988, yet he is about to add a new claim to fame as the lead plaintiff in possibly the largest copyright infringement case in Canadian history. His estate, which still owns the copyright in more than 50 of his works, is part of a massive class-action lawsuit that has been underway for the past year.

The infringer has effectively already admitted owing at least $50 million and the full claim could exceed $60 billion. If the dollars don't shock, the target of the lawsuit undoubtedly will: The defendants in the case are Warner Music Canada, Sony BMG Music Canada, EMI Music Canada, and Universal Music Canada, the four primary members of the Canadian Recording Industry Association.

The CRIA members were hit with the lawsuit in October 2008 after artists decided to turn to the courts following decades of frustration with the rampant infringement.

(...)

The claims arise from a longstanding practice of the recording industry in Canada, described in the lawsuit as "exploit now, pay later if at all." It involves the use of works that are often included in compilation CDs (ie. the top dance tracks of 2009) or live recordings. The record labels create, press, distribute and sell the CDs, but do not obtain the necessary copyright licences.

Tuesday, December 1, 2009

As Music Industry Struggles, Artist Income Grows

As Music Industry Struggles, Artist Income Grows

image from user.cloudfront.goodinc.com

The UK's Times Online called this "the chart that the music industry didn't want you to see;" (...)

It tracks the three pillars of music industry revenue - recorded music, live music, and UK performance royalties collected by PRS over the last 5 year for both artists and the industry. Conclusion: while record labels are suffering, artist income is on the rise.