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Technical Help & Discussion => General Tech Discussion, News & Q&A => Topic started by: sam on January 25, 2010, 01:14

Title: MySpace bids to pay musicians 'lost' royalties
Post by: sam on January 25, 2010, 01:14

http://www.physorg.com/news183567929.html

Quote

Social networking site MySpace, which has enabled many artists to launch their careers, is now helping to pay them back millions of dollars in "lost" royalties for songs and performances.

Title: Re: MySpace bids to pay musicians 'lost' royalties
Post by: Simon on January 25, 2010, 09:29

I can't read the article, but I thought bands put their music on MySpace voluntarily?

Title: Re: MySpace bids to pay musicians 'lost' royalties
Post by: Rik on January 25, 2010, 09:39

They do, but they retain copyright.

Title: Re: MySpace bids to pay musicians 'lost' royalties
Post by: Simon on January 25, 2010, 09:41

So what royalties have they lost?

Title: Re: MySpace bids to pay musicians 'lost' royalties
Post by: Rik on January 25, 2010, 09:43

Performance ones, in effect. I'm not sure who is going to be generating the revenue, though.

Title: Re: MySpace bids to pay musicians 'lost' royalties
Post by: sam on January 25, 2010, 14:02

No - I'm very confused by how they will get their "lost" cash.

Title: Re: MySpace bids to pay musicians 'lost' royalties
Post by: Rik on January 25, 2010, 16:41

I can only think MySpace will share the advertising revenue with them in a ploy to get more bands to fall under Murdoch's spell.

Title: Re: MySpace bids to pay musicians 'lost' royalties
Post by: Simon on January 25, 2010, 17:46

Quite possibly.

Title: Re: MySpace bids to pay musicians 'lost' royalties
Post by: Rik on January 25, 2010, 17:48

It's very Murdoch in style...