Settlement to Begin on Alleged Overpriced CDs

Jan 14, 2003 12:00 PM, Editors

Polls


Education Guide

Mix is gearing up to present its longstanding annual Audio Education Guide in its November 2014 issue. Want to have your school listed in the directory, or do you need to update your current directory listing? Add an image, program description, or a logo to your listing! Get your school in the Mix Education Guide 2014.

If you purchased a prerecorded music product (i.e., CD, cassette, vinyl album) during the period of January 1, 1995, through December 22, 2000, you may be eligible to file a claim to receive between $5 and $20 compensation in a current lawsuit underway in the United States District Court for the District of Maine.

The plaintiffs allege that the defendants (the Big Five labels and their respective distributors, as well as retailers MTS, Tower Records, Musicland Stores and Trans World Entertainment) "conspired to illegally raise the prices of prerecorded music product by implementing Minimum Advertised Price policies, in violation of state and federal laws," according to the plaintiff's Website, www.musiccdsettlement.com. The defendants have agreed upon a settlement that is a combination of cash and noncash considerations.

A fairness hearing will be held on May 22, 2003, at 10 a.m. in Portland, Maine, to determine if this settlement should be approved, claims dismissed, application of counsel fees and reimbursement of costs, as well as a plan of distribution.

If you are eligible and would like to file a claim, visit www.musiccdsettlement.com. No receipt is necessary when filing a claim. If the settlement results in payments of less than $5 per person, then the proceeds will go to charity.






Acceptable Use Policy
blog comments powered by Disqus

Mix Books

Modern Recording and Mixing

This 2-DVD set will show you how the best in the music industry set up a studio to make world-class records. Regardless of what gear you are using, the information you'll find here will allow you to take advantage of decades of expert knowledge. Order now $39.95

Mastering Cubase 4

Electronic Musician magazine and Thomson Course Technology PTR have joined forces again to create the second volume in their Personal Studio Series, Mastering Steinberg's Cubase(tm). Edited and produced by the staff of Electronic Musician, this special issue is not only a must-read for users of Cubase(tm) software, but it also delivers essential information for anyone recording/producing music in a personal-studio. Order now $12.95

Newsletters

MixLine

Delivered straight to your inbox every other week, MixLine takes you straight into the studio, with new product announcements, industry news, upcoming events, recent recording/post projects and much more. Click here to read the latest edition; sign up here.

MixLine Live

Delivered straight to your inbox every other week, MixLine Live takes you on the road with today's hottest tours, new sound reinforcement professional products, recent installs, industry news and much more. Click here to read the latest edition; sign up here.

[an error occurred while processing this directive]

The Wire, a virtual press conference offering postings of the latest gear and music news, direct from the source. Visit the The Wire for the latest press postings.