Comments on: $101 million ’stuck to SoundExchange’s fingers’ http://www.p2pnet.net/story/18864 p2pnet.net - reader powered Wed, 01 Feb 2012 15:11:09 -0300 http://wordpress.org/?v=2.8.4 hourly 1 By: Thinker http://www.p2pnet.net/story/18864/comment-page-1#comment-970099 Thinker Sun, 22 Mar 2009 16:10:11 +0000 http://www.p2pnet.net/story/18864#comment-970099 INTEREST RATE The going rate and industry practice for late royalty payments is 1.5% per month. Will the artists get paid this interest when finally paid? They should... they are no lesser than ASCAP. See ASCAP license here: http://www.ascap.com/licensing/radio/Blanket_Radio_License.pdf See page 4: Late Payments. Someone should tell SoundExchanges that late payments are expensive. Maybe their attitude will change. INTEREST RATE

The going rate and industry practice for late royalty payments is 1.5% per month.
Will the artists get paid this interest when finally paid?
They should… they are no lesser than ASCAP.
See ASCAP license here:
http://www.ascap.com/licensing/radio/Blanket_Radio_License.pdf
See page 4: Late Payments.

Someone should tell SoundExchanges that late payments are expensive.
Maybe their attitude will change.

]]> By: Reader's Write http://www.p2pnet.net/story/18864/comment-page-1#comment-970010 Reader's Write Fri, 20 Mar 2009 18:06:57 +0000 http://www.p2pnet.net/story/18864#comment-970010 Somebody tell Barack. Somebody tell Barack.

]]> By: Reader's Write http://www.p2pnet.net/story/18864/comment-page-1#comment-970000 Reader's Write Fri, 20 Mar 2009 16:01:19 +0000 http://www.p2pnet.net/story/18864#comment-970000 "Robin Hood In Reverse is alive and well at SoundExchange — steal from the poor and give to the rich." Stupid Bitch! Sorry, I just had to. “Robin Hood In Reverse is alive and well at SoundExchange — steal from the poor and give to the rich.”

Stupid Bitch!

Sorry, I just had to.

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