If You Receive Royalties from Warner Music Group for Mastertones and Digital Downloads of Recordings You Could Benefit from the Warner Music Group WMG Class Action Settlement.
A class action settlement has been reached in a class action lawsuit brought against Warner Music Group (“WMG” or “Warner Music Group” or “Defendant”) the U.S. District Court for the Northern District of California (styled In Re: Warner Music Group Corp. Digital Downloads Litigation, Case No. 12-CV-0559-RS) alleging that Warner Music Group failed to properly credit royalty payments for digital downloads and mastertones of recordings under certain contracts and claiming that digital downloads and mastertones should be treated as a “license” which typically provide a higher royalty rate rather than as a “sale” of a record, according to the Warner Music Group class action settlement notice.
The Warner Music Group class action settlement includes the following class members:
All persons and entities (and their successors-in-interest, assigns and heirs) that are parties to a Royalty Rate Contract, dated on or prior to December 31, 2001, with a WMG U.S. Label (a WMG U.S. Label means a wholly owned U.S. recorded music subsidiary of WMG; or s partially owned U.S. recorded music subsidiary of WMG for which WMG has the unilateral right to enter into litigation settlements; or any of either of their predecessors in interest).
WMG U.S. Labels reportedly include Atlantic Recording Corporation, Bad Boy Records LLC, Elektra Entertainment Group Inc., Fueled By Ramen LLC, Nonesuch Records Inc., Rhino Entertainment Company, Warner Bros. Records, Inc. and Word Entertainment LLC.
The WMG Warner Music Group class action settlement provides payments to eligible Class Members for past exploitations of downloads and mastertones from January 1, 2009 through December 31, 2012 (i.e., an $11.5 million Settlement Fund) and provides for an increase in the royalty rate for future exploitations. In order to receive settlement benefits, class members must file claim forms. A WMG claim form can downloaded online at the WMG Download Settlement Site.
For more information on the In Re: Warner Music Group Corp. Digital Downloads Litigation class action settlement, write to WMG Download Class Settlement, PO Box 8094, Faribault, MN 55021-9494, call the Settlement Administrator at 877-690-7098 or visit the settlement website at www.wmgdownloadsettlement.com
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