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Tuesday, March 29, 2011

Eminem Lawsuit May Change The Industry Forever




the company that originally signedEminem filed a lawsuit against Universal Music Groupthat may help artists get more money from digital sales.
Em's original contract stated that individual songs sold online would count as a license rather than a sale.
A license would pay the artist 50 percent of the song while a sale would only relinquish 12 percent, which is what the Detroit rapper was being paid.
The Supreme Court ruled against the appeal filed by UMG since they lost the case last year and now what is estimated to be around a $20 million value in unpaid royalties shall increase to somewhere around $50 million. decade.
The language in that paperwork may only be granting some singers, rappers and musicians a sale royalty rate instead of a licensing one that would increase their income.

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