Music Business News Articles

News archive items listed by month below (click here).

September 2006 News Updates

NEW WEBSITE LAUNCHED TO PROMOTE GREENER FESTIVALS 30/09/06
A new music industry website www.agreenerfestival.org has been launched to support and promote the importance of environmental efficiency at music festivals. The site has launched with the support of the ILMC and YOUROPE, the European festivals organisation. As Glastonbury's Michael Eavis tries to work out what to do with a wellington boot mountain left on his farm in 2005 and Scottish singer/songwriter KT Tunstall heads off to tour the US in a biodiesel powered tour bus, www.agreenerfestival.org looks to spread the 'best practice' of successful festivals, allowing festival organisers and promoters to understand how waste, traffic, CO2 emissions, noise, water pollution and land damage can all be minimised or eradicated.
The project has been co-ordinated by music lawyer Ben Challis.  Ben says that he intends the site’s research and recommendations to be a source of debate and ultimately creative environmental solutions; Ben said “We are looking to promote new ways of making festivals and music events more environmentally efficient.  The site is designed to help promoters and organisers – not preach to them”. Claire O'Neill who undertook most of the research on the website including in depth interviews with fifteen UK Festivals and responses from 649 festival goers from ropund the world added "Festivals really are top of my list when it comes to entertainment and generally enjoying life and music! It's that love for life and enjoying it in nature that has inspired the research into making festivals not only neutral but a positive force towards sustainability ... so that future generations can do the same. I hope that people will utilise the website, connect, exchange ideas and information to make any environmental damage from events a thing of the past". 

With festivals being safer and more accessible then ever before the group behind ‘A Greener Festival’ want to see environmental efficiency tackled with the same vigour and success. The team includes Ben, Claire and website designer Luke Westbury. Both Luke and Claire are graduates from the Music Industry Management course at Buckinghamshire Chilterns University College.

NETWORK LIVE - LIVE NO MORE 29/09/06
Network Live, the live music streaming venture created hrough a partnership between AOL, XM Satellite Radio and promoters AEG and headed up by Kevin Wall,  has been dissolved, with the three partners going their separate ways. The independent company at the heart of the venture, meanwhile, will relaunch with a new partnership with MSN and rebranded as 'Control Room'. Network Live aimed to bring live music to consumers through a range of digital media platforms, including those owned by its partners, and became high profile in the webcasting space after providing AOL's record breaking nline coverage of the Live 8 concerts. However, subsequent projects have not been as successful reports say that all of the partners in the joint venture felt it had not panned out as expected.

DIY INTERNET MODEL BRINGS RICH REWARDS FOR BARENAKED LADIES 29/09/06
Indie darlings Barenaked Ladies have earned nearly $1M in their first week from sales of new album Barenaked Ladies Are Me as a result of its artist-run model which allows them to retain ownership of ther copyrights and sell their recordings directly to the public. The album was released on a range of formats including CD, digital albums, ringtones, deluxe editions, USB flash drives, multitracks for remixing

AEG LAUNCH NEW TICKET AUCTION SERVICE 29/09/06
Concert promoters AEG have announced a new scheme that, it says, will cut out ticket touts. A new website will, in effect, allow fans to bid for tickets and the additional revenues will flow to the promoter and the artist.

AEG hopes to achieve all this via a new auction service on their ticketing website where fans the will be able to bid for the most premium seats at venues hosting flagship events. CMU Daily reports that the service aims to compete with unofficial auctions of sought after tickets which take place on websites like eBay, ensuring that if and when fans are willing to pay higher prices for those tickets, the premium revenues secured go to the promoter of the event rather than a third party agent or ticket tout. In a statement outlining the new service AEG said "By introducing an auction system, AEG aims to price touts out of the market as there will be no room for additional mark-up - ticket prices will have already reached their maximum value as decided by the fans. This will make the process much more transparent with fans able to purchase the best seats without having to fund criminal activity and any extra revenues will be ploughed back into making the show better and helping pay artist costs". To be fair, train and aeroplane tickets are usually sold  by a controlled 'auction' in the UK as early birds can secure big discounts and on the day travellers pay premiums for travel that day and for open tickets - so consumers are of course used to variable pricing structures. But the initiative by AEG seems to leave official ticket swap site which are 'not for profit' such as those proposed by the Concert Promoters Association in some doubt.

COMPANIES AGREE DIGITAL MEDIA DEAL 29/09/06
Companies representing a substantial majority of the UK digital music market have reached a settlement relating to the royalties paid to composers, songwriters and music publishers for the digital delivery of music (such as full track downloads but not including ringtones) for online and mobile use. The agreement amounts to a partial settlement of a case which was due to begin at the Copyright Tribunal on Thursday September 28). The three-year deal has been agreed between the MCPS-PRS Alliance representing songwriters, composers and music publishers, British recorded music trade association the BPI, iTunes and four UK mobile network operators, O2, Orange, T-Mobile and Vodafone.  It sets a rate of 8% of Gross Revenue less VAT to be paid to composers, songwriters and publishers when their music is offered in a digital environment, with a lower rate (6.5%) for non-on-demand services.  These rates are subject to minimum royalties. All parties to the settlement welcome this agreement, which will help drive the on-going growth of the legitimate digital music market. The UK music download market is the biggest in Europe with sales of 34m units so far this year according to the Official UK Charts Company, already more than in the whole of 2005. The Copyright Tribunal proceedings will continue in respect of issues which remain unresolved between the MCPS-PRS Alliance and the other parties, in particular the streaming media companies who use music as part of their services, as well as a single issue that remains outstanding for the mobile network operators and iTunes.

UK ORCHESTRAS AND MUSICIANS' UNION WELCOME LIFTING OF AIR TRAVEL RESTRICTIONS 27/09/06
British orchestras and the Musicians Union have welcomed a move by the Department Of Transport to ease restrictions on musical instruments being taken into aeroplane cabins. Since terrorist alerts in August, musicians had been banned from taking their instruments onto planes with them, meaning that to take instruments these had to travel in the hold. Many musicians understandably unwilling to take the risk of having priceless instruments damaged in the hold. The DOT have now lifted this restriction.

BPI CALL FOR TAX BREAKS FOR A&R 27/09/06
The BPI is calling on the government to allow tax break for the label's research and development programme for new artists. Responding to the government's recent review of the creative sector the BPI said that their members invest some 17% of their turnover into developing new talent. BPI boss Peter Jamieson told CMU "We believe the time is right for government, together with industry, to consider closely a tax credit regime for A&R, which is the music business' research and development. Such a system would create incentives for greater investment in our industry, and would put the development of British intellectual property on the same footing as in other industries". Tax systems in the film industry in the UK have been fraught with difficulty and apparent abuse - and have been subject to constant and often confusing change.

JAPANESE CONTENT OWNERS CALL FOR COPYRIGHT EXTENSION 27/09/06
Sixteen copyright organisations in Japan have called on the Japanses government to extend the copyright periods in their country to bring them in line with the length of copyrights elsewhere in the world. Among those organisations calling for the changes were the Recording Industry Association Of Japan and the Music Publishers Association Of Japan. In Europe copyright in original artistic, musicval, literary and dramatic works lasts for the life pof author(s) plus 70 years. In Japan the protection is life of author(s) but then for only 50 years which the cntent owners want extending to 70. Copyright on recorded material in Japan is currently 50 years after release - and this mirrors the UK and Europe although the BPI and IFPI are lobbying for an extension accross Europe (the UK campaign is called 'Extend The Term')  to match the USA where copyright in sound recordings can extend to 95 years.

UP AND COMING MUSIC BIZ EVENTS IN THE UK 25/09/06
The BT Digital Musc Awards take place in London on the 3rd October (see www.btyahoo.com/dma06) and the Vodafone Live Music Awards are on the 13th October, again in London (www.vodafonemusic.co.uk). Manchester's In The City conference takes place between the 29th to the 31st October (www.inthecity.co.uk). And Harvey Goldsmith CBE will be the receipient for the 2006 Music Trust Award at a celebration to be held at the Grosvenor House Hotel in support of the BPI's Brit Trust and Nordoff-Robbins Music Therapy. 

GREAT WHITE CLUB OWNERS REACH PLEA BARGAIN 22/09/06
The owners of the Rhode Island club where pyrotechnic display set off a fire during a Great White concert in 2003 which killed 100 people incuding one band member have confirmed they will plead no contest to involuntary manslaughter charges. It has been confirmed only one of them, Michael Derderian  will serve jail time for the tragedy. The brothers had previously denied responsibility for the fire claiming that they had told the Great White's management that they were not allowed to use the pyrotechnics. Michael will serve a four year jail sentence, with eligibility for a work release programme, whilst Jeffrey Deridian will receive a suspended ten year sentence. The bargain comes as jury selection was under way for the planned criminal trials of the two brothers and has angered the families of many of the victims. Great White tour manager Daniel Biechele was jailed for four years in May after pleading guilty to 100 counts of involuntary manslaughter for his role in setting off the pyrotechnics at the Station club that night. From CMU daily.

MADONNA GROSS TOPS £193 MILLION 22/09/06
It looks like Madonna's current world tour will be the biggest grossing tour of all time by a female artist. She is set to generate an estimated $193.7M from 60 shows (which drew 1.2M fans) narowlly passing Cher's Farewell tour that grossed $192.5M (though that was across 273 shows between 2002 and 2005). Madonna's growth curve in live has been staggering; her 2001 Drowned World tour grossed $75M while 2004's Re-Invention tour generated $125M. On this touy rather than play numerous countries and venues Madonna opted to play multiple nights in a select number of key markets.

SONY NOT FREE OF THE ROOTKIT FIASCO YET 22/09/06
SonyBMG whose 'rootkit' DRM caused such as stir after consumers worked out the unwanted and unasked for CD protection software made their computers open to attacks by viruses are not in the clear as yet. Although the Company has a court approved settlement in the US after threats of class action and actions brought by the attorny generals of a number of states, the settlement in Canada is now being opposed. The Ottawa-based Canadian Internet Policy & Public Interest Clinic filed a complaint with regulatory agencies across the country against the recording giant, protesting against details of the settlement, which are far less generous than those offered to U.S. claimants. CIPPIC filed its complaint on the same day that an Ontario court is expected to accept a proposed settlement to a Canadian class-action lawsuit. It was filed with the federal Commissioner of Competition; the director of the Consumer Services Bureau, Consumer Protection Branch, Ministry of Government Services, Ontario; the director of Business Practices and Consumer Protection Authority of British Columbia; the president of the Office de la Protection du Consommateur of Quebec, and the privacy commissioners of Canada, British Columbia, and Alberta.

SINGER LEAVES AFTER JUST ONE YEAR, HAM MANAGES THIRTY SIX! 20/09/06
Two curious music business departures were announced this week. Firstly the MCPS-PRS Alliance announced that Adam Singer, its Chief Executive, was leave the rights organisation. It is expected that he will leave once the imminent Copyright Tribunal hearing is complete. The Tribunal hearing begins on 25 September and is expected to be concluded by 20 October. Singer, who joined the Alliance from the television industry in February 2005 will have been in the job for just over a year. Last year, the Alliance collected record revenues of £530million ($960 millon) for its 50,000 members who are composers, songwriters and publishers. Equally noteworthy is the story that the bearded boogiewoogie rock gurus ZZ Top have parted company with long time manager Bill Ham, of Lone Wolf Management. Ham has represented the band from the word go in 1970, and has worked with the band's Billy F Gibbons since the late sixties. The band have also parted company with SonyBMG.

JENNER PENS NEW PAPER ON MUSIC IN THE DIGITAL AGE 18/09/06
Music Tank have published a new paper by music industry legend Pete Jenner marking the first real attempt from within the UK music industry to solve the ongoing and underlying challenges of new technology and new consumer attitudes in the digital age. Jenner, author of first MusicTank report “Beyond The Soundbytes”, is one of the music business' great serial offenders, with a 40 year career which encompasses staging The Rolling Stones’ legendary free concert in Hyde Park, 1969, and managing artists from Pink Floyd to The Clash, Ian Dury and Billy Bragg. Peter is also Secretary General of the IMMF (International Music Managers Forum), and the Chairman of the ELMF (European Live Music Forum). In composing this first ever review of MusicTank activity, Peter has summed up MusicTank’s regular of-the-moment Think Tank debates (from DRM to future radio) which bring hot topics into sharp focus and pinpoint the opportunities created by disruptive technologies. He has also taken this opportunity to look beneath the immediate issues to unearth the fundamental and seismic changes which new technology and new consumer attitudes continue to affect within all areas of the business and how artists will be paid in the future. An executive summary can be found as a pdf at  www.musictank.co.uk.

NEW YORK CRACKS DOWN ON CD PIRATES 18/09/06
New York is further cracking down on bootleg CDs often sold at open-air markets with a law aimed at protecting artists and recording industry workers. The music piracy law signed on the 15th September makes a felony of selling 100 or more illegal CDs lowering the threshold of 1,000. The New York City Comptroller's Office estimated the illegal trade cost the city $1 billion in lost tax revenue. More than 1.1 million pirated music CDs were seized in 1,000 arrests statewide in 2005. Welcoming the move the Recording Industry Asssociation of America said that most CDs were of "urban" genre of music.

ROBBIE CANCELS ASIAN LEG OF TOUR 18/09/06
Robbie Williams has called off the Asian leg of his world tour because of "stress and exhaustion". A spokesman has said that to ask Robbie to fulfill his November schedule, which was due to take in China, India and South East Asia, would be "asking too much" after his gruelling run of European and South American dates. The decision means Robbie will now take a break in November before ending his world tour in Australia in December. Commentators had said that the star had looked jaded at his final UK dates at the Milton Keynes Bowl

UK ALCOHOL BRANDS DEFEND MUSIC SPONSORSHIP 15/09/06
UK drinks companies were yesterday on the defensive after a public body charged with monitoring drug usage called on the government to introduce controls over the sponsorship of music events by alcohol brands CMU Daily reports.  The Advisory Council On The Misuse Of Drugs claimed that alcohol branding and adverts at music venues was a contributing factor in an increase in drinking amongst young people. However, drinks companies yesterday disputed those claims, while pointing out that several major music events could not happen without their sponsorship. Melvin Benn, whose Reading and Leeds festivals are now the 'Carling Weekenders' sensibly added "'It would appear that the government have not got enough to do. Carling have been sponsors of Leeds and Reading for nine years with no downside on the state of the nation as I see it."

BRANSON PLANS EVEN MORE V FESTIVAL SPIN OFFS 15/09/06
As organisers prepare for the first ever V Festival in the US later this month, Virgin Group boss Richard Branson has confirmed he intends to continue the global expansion of the V Fest, with Australia, South America and additional European countries all on his priority list. The first spin off event took place in Toronto, Canada earlier this month and the debut US event due to take place in Baltimore on 23 Sep headlined by The Who and Red Hot Chili Peppers. Branson yesterday announced further new events, with ambitions to put together a network of V festivals that bands could tour around.

MARIANNE FAITHFULL DIAGNOSED WITH BREAST CANCER 15/09/06
Marianne Faithfull has been diagnosed with breast cancer, though the singer has released a statement in which she says she is hopeful of making a full recovery in due course,  She has cancelled all touring as a result of the diagnosis. Christine Fogg, chief executive of the Breast Cancer Care charity, says:"Kylie Minogue's experience of the disease has helped get the breast awareness message out to more people. We hope Marianne's experience helps reach even more". Fingers crosssed for Marianne from everone at the ILMC. Other tour cancellations this week include White Rose Movement's UK tour (singer Finn Vine has lost his voice) and INXS - guitarist Tim Farriss has to have surgery on his knee. Gigs in The Netherlands, Germany, Denmark, Norway, France, Belgium, Poland, Switzerland and Spain are all affected. The band's agent, Keith Naisbitt, says he hopes to reschedule the concerts as soon as possible

MUSE TOP FANS FESTIVAL FAVES 08/09/06
Muse
have topped a poll by the UK's NME magazine with 26% of festival goers voting them the best live band for 2005. Radiohead were second (12%), the Arctic Monkeys third (8%) and the Kooks fourth (6%) with Franz Ferdinand following closely in fith place. New band faves included the Klaxons, Wolfmother, Gogol Bordello, The View and the Young Knives. In the abscence of Glastonbury the Reading and Leeds Carling Weekender was the favourite UK festival winning a whopping 64% of all votes. 

BERTLESMANN TO SETTLE NAPSTER LITIGATION WITH UNIVERSAL 07/09/06
After the announcement that Vivendi was buying BMG Music Publishing from Bertlesmann it seems that as part of the deal Bertelsmann is paying Universal $60M to settle the long-running dispute over its investment in the original Napster. However it seems that the German media company was very careful not to admit any liability. In 2003, a $17B lawsuit was filed against Bertelsmann, claiming that its $100M investment in Napster kept it alive and fuelled file-sharing. Other publishers and songwriters are continuing their legal action against Bertlesmann but EMI is now the only major label involved. Other news on the proposed Universal Music - BMG Music Publishing tie up is that IMPALA, the European indies association who brought the action against the SonyBMG merger deecision,  are planning to oppose the sale. Impala argue that merging of publishing interests on this scale would damage competition and extend the collective dominance of the main players:

AEG FACE ANTI-TRUST SUIT OVER CONCERT BOOKINGS 07/09/06
The Hollywood Reporter leads with a story that Forum Enterprises Inc have filed a federal lawsuit against a subsidiary of Anschutz Entertainment Group claiming that the company failed to book enough acts at the Forum Arena and diverted potential business to crosstown venue Staples Center. The complaint filed in U.S. District Court names Denver based Anschutz Corp. and several subsidiaries, including its live entertainment unit, AEG as defendants. Forum Enterprises Inc. operates the Forum in Inglewood on behalf of owner Faithful Central Bible Church. The suit claims violations of antitrust law, breach of contract and unfair business practices. It seeks $5 million. The Hollywood reporter says that AEG spokesman Michael Roth denied the allegations and said the lawsuit was an effort to circumvent AEG's exclusive right to book acts for the Forum.http://www.hollywoodreporter.com/thr/music/brief_display.jsp?vnu_content_id=1003117925

NY MET TO BEAM SHOWS INTO CINEMAS 07/09/06
The Metropolitan Opera in New York will transmit six live performances to cinemas in North America and Europe later this year. On top of this, over 100 shows will be broadcast online and via digital radio.

FORUM TO LOOK AT ONLINE ROYALTIES 06/09/06
The Association of Streaming Media Companies (ASMeC) will be conducting a copyright discussion forum to provide information on the licenses currently in place, highlight the concerns of streaming media companies and look ahead to future licensing practices and solutions.  The Forum will be on the 28th September in London at Last FM's offices Karen House, 1-11 Baches Street, London, N1 (near Old Street Roundabout) Leading experts within this sector will give presentations the PPL and PRS/MCPS providing an overview of current licenses in place as well as their plans for licensing more interactive services alongside music service providers  PlayLouder MSP, Last FM and Totally Radio who will explain how current licensing models affect their business and what forms of licensing they would like to see developed in the future. K&LNG, new media law specialists, will provide an independent assessment of the current structures and predicaments facing the licensing of content over the Internet. The event runs from 16.00 to 19.00. The afternoon is open to both ASMeC members and non-members. If you are interested in attending please contact Tom Lousada for more information: tom@asmec.org.

UNIVERSAL BUYS BMG MUSIC PUBLISHING 06/09/06
Vivendi
(Universal Music Group's parent company) is paying US $2.1 Billion (E1.6 Billion) to acquire BMG Music Publishing. If approved, this, along with its ownership of Universal Music Publishing, will give Vivendi control of the biggest publisher in the world, eclipsing both EMI Music Publishing and Warner/Chappell. Estimates gave EMI a 16.7% share in 2005 and Warner/ Chappell with 15.1%. BMG Music was in third place  with 13.4% but combining this with Univresal Music Publishing could see its market share leap to 25.7% (based on last year’s figures) eclipsing the other market players. BMG Music Publishing generated E81M in profits last year. Competition issues remain to be overcome: concerns over concentration in publishing interests prevented EMI and Warner merging in 2000 and with the European Court Of First Instance’s recent ruling overturning the EC's approval of the SonyBMG label merger the EC's competition regulators will be looking at the proposed merger very carefully indeed.

PUB LANDLORDS SAY THAT THE NEW LICENSING ACT IS DAMAGING LIVE MUSIC 04/09/06
Hot on the heels of a DCMS sponsored survey into the impact of the UK's 2003  Licensing Act on live music, The Morning Advertiser has said that more clubs and pubs are claiming that licensing reforms are damaging live music in pubs. Hosts agree that staging music is more difficult now because it is easier for residents to interfere. One laldlord reported that his licence is being reviewed after two residents complained to the council about noise using their powers under the new Licensing Act. The landlord stopped staging live bands at his pub six months ago to appease the two residents - and takings have halved on Saturday nights. Another said they had stopped parties and DJ events after a compliant from just one resident adding that the new laws, red tape and the imminent smoking ban would all damage the pub business. There is also some concern that the DCMS poll will not be effective. One respondent is reported as saying  "I've just had MORI call me on this survey. As ever the effectiveness of the poll is dependant on the quality of questions asked, and it would also help if the questioner had some inkling of the subject matter. (Not necessarily her fault), but when DCMS have divided "live music" into about seven sections (as per the regulated entertainment and the provisions for making the same), and you are asked a "yes / no"question on the 2 in the bar subject - which for us was not applicable anyway you can easily see a recipe for total confusion. Sadly I don't have a great deal of confidence on a rational conclusion to this poll." Pollsters MORI will be contacting 2,000 outlets over the next two months. Venues will be asked how they coped with the licensing application process, how life has changed now the public entertainment licences (PELs) have gone and how they have been affected by the end of the two in a bar rule. They will also be asked about how pubs are using Temporary Events Notices (TENs) to stage live music. The survey is part of the DCMS' Live Music Forum and findings will be reported to Government as part of the forum's final report later this year.

VIACOM DRIVES OF RIVAL PIMPS 04/09/06
Viacom, owner of MTV who in turn broadcast the 'Pimp My Ride' series fronted by Tim Westwood have sent out legal letters to a pet shop (Pimp My Pet) and internet food recepie site (Pimp My Snack) claiming trade mark infringement. MTV have apparently registerd 'Pimp My' and Pimp My Ride as Community Trade Marks - despite the fact that a classic definition of 'pimp' is someone who "finds and manages clients for a prostitute and engages them in prostitution" and in the UK there is a ground to refuse a trade mark if this is against public policy or public morality. Both of the offending businesses have changed their names.

UK SUPERMARKETS HAVE A QUARTER OF ALL CD SALES 04/09/06
UK supermarkets like Asda and Tesco now have a quarter of all UK CD sales and spoecialist music retailers sucha s Virgin and HMV have seen their market share shrink from 52% in 2001 to just 44% in 2006. Figures from the IFPI also show that sales of rock music have steadily increased from 28% in 2001 to 36% in 2006 whilst sale sof pop music have declined from 32% in 2001 to 26% now. The worlds top selling album in 2005 was Coldplay's "X&Y" followed by Maria Carey's "the Emancipation of Mimi.

BMI  INCREASES REVENUES 01/09/06
US music collection society body BMI has reported that its revenues in the financial year 2005/2006 were up 7% year on year to more than $779 million (2004/2005 $729 million) making BMI the largest performing rights society (based in income) in the world according to CEO Del Bryant. Combined with a decrease in operating costs from 14.2% to 13.2%, means that the payout to the organisation's songwriters, composers and publishers is up 8.2% to $676 million. Among the areas with the biggest increases for BMI were cable television revenue, which grew by $24 million and new media revenues which were up by $16 million.
 
UNIVERSAL SIGNS UP TO FROG FREE DOWNLOADS 01/09/06
Is a new chapter in the online music 'retail' market upon us? Universal Music have said that they will allow their music to be downloaded for free on the SpiralFrog site which will be an advertising-supported platform initially available the US and Canada. SpiralFrog CEO Robin Kent said that "offering legally-authorized audio and video downloads in an advertising-supported environment works, as our business model is based on sharing our income streams from that advertising with our content partners like Universal." Under the plan, consumers would watch advertising and in return would be able to download music from artists such as Girls Aloud, Eminen and U2 for free. SpiralFrog's Kent said that the company will aim to attract users in the 13 to 34 age group adding "they are the future of music. We believe SpiralFrog's differentiated offering will be highly appealing to them as well as to content providers .... legally delivering what the majority of users want – content they pay for only with their time. It's content that advertisers are willing to pay for on their behalf". The BBC report that EMI are also in discussions with the mad Froggers.
 
BEATLES TURN UP HEAT ON CAPITOL'S ACCOUNTING 01/09/06
The Beatles
are progressing their accounting claim against Capitol/EMI. Paul McCartney, Ringo Starr and the estates of John Lennon and George Harrison claim that the label underreported royalties and secretly sold stock that was defined as "scrap" or "promo" (which had a non-royalty bearing). They are looking for at least $25M in damages and are now seeking to own all their masters. Last week the New York State Supreme Court rejected EMI's request for the claim to be thrown out. The lawsuit was triggered by an audit of the companies' books from the period 1994 to 1999, which the band says uncovered allegedly deceitful behaviour but the dispute between The Beatles and EMI and Capitol dates back to 1979, when the band alleged they had been underpaid by more than £10.5m ($20m). That case was settled 10 years later, with the band and Apple getting increased royalty rates.

 

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