You are using an older browser version. Please use a supported version for the best MSN experience.

Warner Music Group Settles $11.5 Million Digital Download Lawsuit

1/2/2014

By L.A. Ross
TheWrap

Warner Music Group has agreed to a $11.5 million settlement of a class action lawsuit over royalties for ringtones and digital downloads, according to court papers filed Thursday.

The company agreed to establish the $11.5 million fund for the plaintiffs to settle past damages as well as increase the royalty rates of class members going forward.

Artists in the suit had claimed Warner Music Group paid them improperly for digital downloads and ringtones, classifying those transactions as sales instead of licenses. That classification meant Warner could pay royalties at a much lower rate.

Warner agreed to settle the case but still denies the allegations.

More to come …

The post Warner Music Group Settles $11.5 Million Digital Download Lawsuit appeared first on TheWrap.

AdChoices
AdChoices
AdChoices
image beaconimage beaconimage beacon