Big congratulations to Flo & Eddie (aka The Turtles) and class counsel Henry Gradstein for a great settlement in their indie label class action against SiriusXM for pre-72 sound recordings. The settlement is a guaranteed $25 million payment against a 5.5% license for 10 years which is worth between $45.47 million to $59.2 million assuming Sirius continues to play the remaining class member’s recordings at the same play rate as the past.
via Flo & Eddie Class Settlement with Sirius on Pre-72 Sound Recordings — Artist Rights Watch
One thought on “Flo & Eddie Class Settlement with Sirius on Pre-72 Sound Recordings — Artist Rights Watch”
It’s wonderful, about the Turtles, they deserve the win.
Speaking of artist’s rights, why hasn’t anyone really looked at the sites that purport to show lyrics to songs online, in this context? (Including the Turtles lyrics!) Most of them are monetized (annoyingly so) with ads. THey reproduce lyrics and make money off them without giving the artist who wrote the lyrics (eg, me) their cut. Also they don’t even bother to make sure they have the lyrics right, which is disdainful at best. Thave some right, some they don’t.
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