Follow Slashdot blog updates by subscribing to our blog RSS feed

 



Forgot your password?
typodupeerror

Slashdot videos: Now with more Slashdot!

  • View

  • Discuss

  • Share

We've improved Slashdot's video section; now you can view our video interviews, product close-ups and site visits with all the usual Slashdot options to comment, share, etc. No more walled garden! It's a work in progress -- we hope you'll check it out (Learn more about the recent updates).

×
Music

+ - 52 Ways to Cheat an Artist by Warner Records->

Submitted by Hodejo1
Hodejo1 (1252120) writes "In 2007, James Taylor initiated an audit of his royalty payments dating back to 2004. In that three-year span, Taylor and his accounting firm, Gelfand, Rennert & Feldman, LLC, found underpayments totaling $1,692,726. His label, Warner Brothers deftly accomplished this via 52 alleged ways all listed here. This includes such dubious tactics as applying royalty rates lower than the contract stipulates and charging manufacturing costs as 'recording costs' so they can be applied against royalties. Taylor's auditors also found a 'suspense account' at Warner Music that held an unspecified amount of Taylor's royalties. When pressed for its purpose, Warner denied the account existed, and declined to offer any details on which products or payments were included in this alleged account. As one reader posted on Digital Music News "Wow, what are the chances they didn't do exactly the same thing to all their artists?" Of course, labels still continue to claim they serve the artists when they call every new technical innovation in music theft."
Link to Original Source
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

52 Ways to Cheat an Artist by Warner Records

Comments Filter:

"All my life I wanted to be someone; I guess I should have been more specific." -- Jane Wagner

Working...