22.1.11

Bad Labels! No biscuit!




Oh dear... it seems those music lovers at Universal Music Group, Sony Music Entertainment, Warner Music Group and the EMI Group may have gone a toke or two over the line. Again.



"The U.S. Supreme Court has decided that a lawsuit, filed by a group of online music buyers who allege the four largest record companies conspired nearly a decade ago to fix prices of songs sold online, can now move forward.
The high court on Monday declined to hear an appeal by the labels--Universal Music Group (UMG), Sony Music Entertainment, Warner Music Group, and EMI Group--to block the suit, according to reports by Bloomberg and Reuters. Instead, the decision by a federal appeals court that the plaintiffs had supplied enough evidence to sue the labels will stand.
The lawsuit by the music buyers alleged that the record labels agreed to set a wholesale price floor of about 70 cents per song when competitors were offering songs on the Web for less.
A spokeswoman for Warner Music declined to comment. Representatives from the other labels and the Recording Industry Association of America (RIAA) did not immediately respond to interview requests."

Read the rest of the story at CNET


and at p2p net...


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