UMG owes Eminem a lot of money
  • squashedsquashed
    The U.S. Supreme Court has declined to review
    an earlier ruling that found that producers of rapper Eminem's early recordings
    were owed a greater share of royalties from digital sales of his songs and
    ringtones. The case centered on whether a digital song should be considered a
    physical product, like a CD, or treated as a "license" to a
    third-party distributor like the iTunes Store.



    Under their original deal with
    Universal Music Group's Aftermath Records, FBT Productions and Em2M had been receiving 12%-20% of digital
    sales, the same cut as they did from sales of CDs -- but argued they were actually due a 50-50 split, since the
    songs in question were being "licensed" to the iTunes Store.

    http://www.dmwmedia.com/news/2011/03/21/scotus-declines-eminem-royalties-case-may-affect-older-deals

    uh oh, everybody now is looking at their contract and see how much iTune is selling. This gonna hurt major labels a lot. Good.
  • TsuruTsuru
    ringtones. lol.  

    I used to never answer my phone. Then I changed my ringtone to nickelback and now it barely makes it through the first ring.
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