May 04, 2004

Also, he keeps changing his name, it's very confusing

Some people have been viewing the RIAA's lawsuits against illegal downloaders with a leery eye, wondering if the recording industry really has the best interests of musicians at heart. Well, this story should put an end to such speculation. By confirming it.

Major recording companies have agreed to return nearly $50 million in unclaimed royalties to Sean Combs, Gloria Estefan, Dolly Parton and thousands of more obscure musicians under a settlement announced Tuesday.

A two-year investigation by Attorney General Eliot Spitzer's office found that many artists were not being paid royalties because record companies lost contact with the performers and had stopped making required payments.

Here's my question: how hard is it to find Sean Combs, Gloria Estefan or Dolly Parton? These are not hermits. They are celebrities. "Oh, well...we would have paid Mr. Combs his royalties, but...he moved." Come on.

Posted by Francis at 04:00 PM