How Do You Know Antitrust Law is Broken? RDIO Execs Facing Fraud Claims Use it Against Sony

We can neither confirm nor deny a pinky ring was airbrushed from this photo

Rdio execs personally facing fraud allegations from Sony over the “prepackaged” bankruptcy and sale to Pandora, have filed an antitrust claim against Sony.  While we take no position on the merit of their charges, it certainly looks like another streaming company trying to use antitrust law to avoid scrutiny of their bad business practices.  At issue are the so-called  MFN (“Most Favored Nations”) agreements that create equal royalties for artists across streaming platforms and labels. These are tricky agreements and in some cases could be abused, but we’d have more sympathy for Rdio if they didn’t owe performers and songwriters millions when they went bankrupt.

Read the full story here:

http://www.hollywoodreporter.com/thr-esq/sony-music-investigated-by-rdio-908771

 

 

 

About Dr. David C Lowery

Platinum selling singer songwriter for the bands Cracker and Camper Van Beethoven; platinum selling producer; founder of pitch-a-tent records; founder Sound of Music Studios; platinum selling music publisher; angel investor; digital skeptic; college lecturer and founder of the University of Georgia Terry College Artists' Rights Symposium.