All posts tagged Lime Wire

Bits & Pieces: Bronfman Testimony in Lime Wire Case Tied to Settlement?, Slacker Launches On-Demand, Relentless Goes After Coca-Cola & more…

Slacker launches its new on-demand music service

Last week saw a settlement agreement between the RIAA and Lime Wire founder Mark Gorton, in the amount of $105 million. The deal was reached after the first day of testimony from Warner Music CEO Edgar Bronfman Jr. – who was scheduled to appear back on the stand last Thursday, the day on which the settlement was reached. While the amount to be paid is much lower than what the major label plaintiffs were seeking, originally trillions and later it was pegged in the billions, many are looking to Bronfman’s statements during cross-examination as critical in a variety of ways. Was it the focus on how much money the CEO had gotten out of the investment in taking over the company in 2004? Or the massive layoffs and cutting of artists from the roster, or maybe the possibility of the Gorton’s attorney’s bringing up the recent insider trading conviction Bronfman received – a line of questioning that wasn’t ruled out by the judge. While over $100 million is still quite a lot of money (though it’s not likely to make its way to any artist pockets), and the shuttering of Lime Wire, can both be seen as victories for further diminishing illegal file-sharing of music, CNET‘s Greg Sandoval points out, there is also a silver lining for the advancement of new digital music services, evidenced in the first on-record comments from a high-ranking label executive supporting the unbundling of music… Meanwhile, Slacker has launched a new on-demand music subscription service, adding to its current interactive streaming model that is similar to Pandora. This makes Slacker the first and only company to offer both fully developed interactive radio and an on-demand music services, according to company executives. While debatable, the move is certainly a coup for the service, which has often been often left out of the mainstream media conversations about the new digital music landscape… UK independent label Cooking Vinyl is getting a multi-million dollar infusion from a fund backed by VC firm Icebreaker, which will allow the label to make a number of high profile signings… Elsewhere, the intriguing litigation between FBT Productions and Universal Music Group, over the digital sales of Eminem songs, will continue in California to determine damages owed. Though, however much is determined, apparently for now, Em won’t be seeing any of it…  And UK label Relentless Records, responsible for releases from Joss Stone, KT Tunstall and Cage the Elephant among others, has taken legal action against Coca-Cola over the increasing use of their energy drink product of the same name, Relentless, in connection with music venues and festivals, which is causing confusion and an unwanted corporate association for the label and its artists…

More Bits & Pieces: Initial Shots Fired in Lime Wire Damages Trial; Spotify Takes Aim at iTunes with New App

LimeWire's founder could face $1billion in damages

The trial to determine damages owed by Lime Wire founder Mark Gorton to the top record labels represented by the RIAA (a separate settlement with the National Music Publisher’s Association was previously reached back in March of this year), began this week in New York. The maximum statutory damages that could be awarded is more than $1billion, from a $150,000 fine for each of the 9,715 albums released through the P2P network. Notable claims made by both sides as reported on CNET and Bloomberg, included the RIAA’s claim that Lime Wire alone holds significant blame for the 52% decline in music sales during the years 2000 to 2010, as part of the overall accusation that Gorton’s service financially devastated the record labels. Meanwhile the attorneys representing Gorton called into question the notion of financial devastation for the labels, citing revenue from the likes of Internet radio, royalties from video games, and ad dollars from YouTube – even calling attention to high-level executive salaries and compensation still in the 7-figure range and higher. They also produced past notes and referenced comments from prominent music group CEO’s such as Doug Morris and Edgar Bronfman Jr., which seem to indicate the labels are aware that piracy is a consumer problem more than anything, likewise adding that recent history shows any time a file-sharing service has gone offline, the public just shifts to the next best option…. Elsewhere, Spotify has released a new and improved app that has many seeing it as an aggressive move on Apple‘s iTunes store and a clear indication that the start up’s aims remain high (and possibly that a U.S. launch is even closer). The new version allows users to directly sync music on iPods, and in a further affront, the service has also introduced the selling of downloads, coming in the form of bundles enabling users to purchase playlists. Said CEO Daniel Ek, “From today, Spotify really is the only music player you’ll ever need”…

Wednesday Bits & Pieces – Legal Edition: Viacom’s Appeal, Lime Wire, Grooveshark & More…

VIA v. GOOG

The drawn out legal fight between Viacom and Google, over YouTube copyright issues, has reached its next phase as Viacom has filed an appeal in federal court today. This comes after last month’s comments from Veoh that the outcome of their legal skirmish with Universal Music Group could foreshadow the events of Viacom’s appeal… Lime Wire has filed a request for a jury trial in the lawsuit filed by by members of the National Music Publisher’s Association back in June… Merlin and Grooveshark have settled their legal scrap, and in doing so the online music service has licensed catalogs from Merlin’s indie record label members. Grooveshark settled a similar lawsuit brought by EMI last year… And song parody and viral video sensation “Newport State of Mind” has been yanked from YouTube via a taken-down notice from EMI Music Publishing at the behest of the seven writers of the song “Empire State of Mind”…