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TPB fines to be used to fight more piracy cases, not refund artists

TPB fines to be used to fight more piracy cases, not refund artists
  • Posted July 30, 2012, 4:00 PM by Lee Kaelin | Filed in The Web
  • After a lengthy legal battle, last February the founders of The Pirate Bay were ordered by the Swedish Supreme Court to pay $675,000 to music labels in order to compensate artists who lost out on royalties due to piracy. Except…

Citigroup sells EMI Music for $4.1 billion

Citigroup sells EMI Music for $4.1 billion
  • Posted November 11, 2011, 1:30 PM by Shawn Knight | Filed in Industry News
  • British music company EMI has reportedly been split up and sold to two separate groups for a sum of $4.1 billion. A Sony-led group will acquire the publishing operation for $2.2 billion while Universal Music Group will obtain EMI’s recorded-music…

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