Posts Tagged ‘EMI’

Record Labels to Pay $6 Billion for Pirating Music

December 8, 2009

It seems that piracy lawsuits are a gate that swings both ways with Warner, Sony BMG, EMI and Universal now facing some fairly hefty bills to remunerate artists whose content, it seems, they’ve pirated.

Usually we tend not to see what happens on the far side of the table, with most of the media attention surrounding record labels and piracy centred quite firmly on the poor souls dragged into court by apparently merciless megapulishers, but now we’re told that record labels are facing the fairly substantial sum of $6 billion in damages to be paid to artists they’re found guilty of pirating roughly 300,000 tracks from.