Record Labels To Pay $45 Million for Pirating Artists’ Music

From Torrent Freak:

The major record labels are known for their harsh stance on copyright infringements, which in an ironic turn of events is now costing them millions of dollars. Revealing a double standard when it comes to ‘piracy’, Warner Music, Sony BMG Music, EMI Music and Universal Music now have to pay Canadian artists $45 Million for the illegal use of thousands of tracks on compilation CDs…

…During the case the labels were painfully confronted with their own double standard when it comes to copyright infringement. “The conduct of the defendant record companies is aggravated by their strict and unremitting approach to the enforcement of their copyright interests against consumers,” the artists argued in their initial claim for damages…

…Of course, the labels are not so quick to admit their wrongdoing and in their press release the settlement is described as a compromise. “The settlement is a compromise of disputed claims and is not an admission of liability or wrongdoing by the record labels,” it reads

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