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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…

Anonymous goes on DDoS rampage after MegaUpload shutdown

Anonymous goes on DDoS rampage after MegaUpload shutdown
  • Posted January 20, 2012, 8:35 AM by Lee Kaelin | Filed in Industry News With Video
  • The loosely knit online hacker collective went on the rampage yesterday afternoon after news broke that several Megaupload.com staff members had been arrested, including its founder Kim Dotcom. They are accused of online piracy and the popular file sharing service…

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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