James Taylor Sues Warner Brothers Over Royalties
James Taylor is suing his former record label, Warner Bros., for $2 million over royalties, The Guardian reports. The suit stems from outdated royalty rates from the pre-digital era. Taylor claims Warner paid him royalties for digital sales that are appropriate for “phonograph records,” and says the digital sales should be viewed as a licensed copy of the master recording, not as a newly pressed physical copy. That licensing agreement would bump Taylor’s royalties by as much as a 400 percent.
Read more: http://www.rollingstone.com/music/news/james-taylor-sues-warner-brothers-over-royalties-20120917#ixzz26l6eZoRX
