Archive for March, 2011

Lawsuit May Change Digital Music Royalties

Thursday, March 31st, 2011

The Supreme Court recently held that digital music sales, such as songs purchased on iTunes, will be considered a “license” in calculating artist royalty payments.

Reports indicate that the lawsuit began when Marshall Mathers’ (“Eminem”) producers sued Eminem’s record label over the way royalty payments were being calculated. The outcome of the suit will probably not affect newer artists whose contracts include digital music sales. However, older artists whose contracts were signed and negotiated prior to the digital music boom will likely benefit from this ruling, due to the fact that artists generally recoup more from a license than from a sale under these contracts.

Rick Scott Denies Loan, Approves Court Trust Transfer

Wednesday, March 23rd, 2011

Governor Rick Scott recently denied the Florida court system’s request for a $28 Million loan to keep courts running through Summer 2011. In doing so, Governor Scott reportedly approved a $14 Million transfer from court-related trust funds.

The denial is expected to cause significant delays in litigation. Reports also state that the dramatic decrease in new foreclosure filings have added to the current deficit.

Judge Rules Against National Football League

Wednesday, March 2nd, 2011

Reports indicate that a Federal Judge recently overruled a previous ruling that would allow owners to use an accrued four billion dollar television fund  should the NFL collective bargaining agreement expire Thursday.

Subsequent to the ruling, the NFL asserted that the fund would have no effect on any negotiations.

Read the entire article here: http://msn.foxsports.com/nfl/story/NFL-cannot-use-TV-money-4-billion-as-work-stoppage-fund-CBA-030111?gt1=39002