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Millions Owed To CD Buyers

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Millions Owed To CD Buyers

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Old 02-24-04, 07:25 AM
  #26  
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Re: buying a dvd

Originally posted by jrhitchings
If you go out and buy a dvd you are just giving your money back to these companies in a different way. All the music companies also own the movie companies. Buy a book.
Good point.
Old 02-24-04, 08:56 AM
  #27  
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Anyone know of a site that describes where all the money in the cd price goes? For example, out of the $18.99 msrp, what percentage goes to the artist, what percentage goes to manufacturing, etc.
Old 02-24-04, 09:31 AM
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Originally posted by raiders757
I got my check back today!! A wopping $13.86!! It came with a form letter from my states (Virginia) Attorney General, Jerry W. Kilgore. How nice.

I wonder how big the lawyers (who filed this class action suit) check is? I bet it's a lot more than $13.86, that's for sure. Oh well, I'll happily take mine, and go get some more CD-R's.
I posted this link in the other thread:
http://www.baratunde.com/sproj/PriceFixins.html
where he determines the lawyers and admin fees got 35%, or about $23,375,000.

Here's a link to CNN graphic showing breakdown of a CD cost.
http://www.cnn.com/interactive/enter...t.exclude.html [I don't know if it was aimed at Brits, because the first figure is in pounds, but dollars are listed too.
Old 02-24-04, 11:00 AM
  #29  
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That chart can not be right. The record company only makes $0.59, while the artist make $1.99 and retail markup is $6. This all seems backwards to me, the record company might make $6, while retail gets $2 and the artist gets $0.59.
Old 02-24-04, 11:34 AM
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It may have been based on British sales/markets/companies, with the conversion to dollars for convenience of worldwide readers. It was the first thing I found, and I didn't have a lot of time to search.
Old 02-24-04, 01:09 PM
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Originally posted by Cusm
That chart can not be right. The record company only makes $0.59, while the artist make $1.99 and retail markup is $6. This all seems backwards to me, the record company might make $6, while retail gets $2 and the artist gets $0.59.
true - i thought it was unheard of to get $2 if you are an artist. of course, unless you are Ani Difranco and own the whole damn label. In fact, i thought if you can get $1/cd sold you have a great contract.
Old 02-24-04, 02:45 PM
  #32  
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I got my check for $13.86 today and am happy that it was even that much.
Old 02-24-04, 02:50 PM
  #33  
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It's $13.86 for typing in my name and address. What's to bitch about?
(BTW the question is rhetorical. No answer requested.)

Last edited by MrE; 02-24-04 at 02:53 PM.
Old 02-24-04, 03:02 PM
  #34  
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How do I get in on this? Is there a claim form I can fill out online? Free money, Yippee!!
Old 02-24-04, 09:06 PM
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got mine today.
Old 02-25-04, 02:16 AM
  #36  
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got mine today, had forgotten about this.
Old 02-25-04, 03:28 PM
  #37  
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Originally posted by Jack Straw
How do I get in on this? Is there a claim form I can fill out online? Free money, Yippee!!
Deadline was March of last year.
Old 02-25-04, 05:29 PM
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$13.86

I'm rich(er)
Old 02-26-04, 09:02 AM
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Got ours on Wednesday. Tiny little checks aren't they?
Old 02-26-04, 11:24 AM
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Originally posted by Cusm
Got ours on Wednesday. Tiny little checks aren't they?
That's a good point--I wonder how many checks have been, or will be, either lost in the mail, or thrown away with the junk mail. A check not cashed is money not spent.....
Old 02-26-04, 01:06 PM
  #41  
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Got mine. Oh well, at least it'll pay part of a DVD.
Old 02-26-04, 03:13 PM
  #42  
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Got mine. Went towards Pearl Jam's Lost Dogs on vinyl. Or the book I bought. I'm going to officially say the book so that I don't give it back to the record companies.
Old 02-27-04, 10:28 AM
  #43  
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Getting a game maybe?

Well I think I'll use some of that store credit I have a GameStop with their $13 and pick up a "Greatest Hits" game. That way I can get a good 25-30 hours of entertainment rather than 45 minutes (maybe about 8 or 9 minutes once you factor out the "throw away" tracks). And if you add in online play my entertainment value goes up exponentially!!

Nothing like knowing the value of a dollar is there.
Old 02-27-04, 04:07 PM
  #44  
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Got my check yesterday.
Old 02-28-04, 02:19 PM
  #45  
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Got mine yesterday.
Old 02-28-04, 05:20 PM
  #46  
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several friends have emailed me to thank them for the alert. I done good. *sniff
Old 02-28-04, 07:16 PM
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Got my check in the mail. Mmm..... free CD.
Old 02-29-04, 10:35 PM
  #48  
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nice, got mine in the mail after completely forgetting. I'll put it to good use this Tuesday
Old 03-01-04, 01:26 PM
  #49  
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Got mine today, a nice $13.86 surprise in the mail. Had totally forgotten about this.
Old 03-01-04, 01:31 PM
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I wa surprised to get the check. I remeber it said if it reached a certain amount it was going to be donated or something like that. No complaints here!

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