RIAA Keeps Settlement Money, Artists May Sue

Straight from TorrentFreak: “When EMI, Universal Music and Warner music reached settlement agreements with the likes of Napster, KaZaA and Bolt, they collected hundreds of millions of dollars in compensation – money that was supposed to go to artists whose rights had been allegedly infringed upon when the networks were operating with unlicensed music.Now, according to an article, the managers of some major artists are getting very impatient, as it appears the very people who were supposed to be compensated – the artists – haven’t received anything from the massive settlements. They say the cash – estimated to be as much as $400m – hasn’t filtered through to their clients and understandably they’re getting very impatient.”