Washington-based SoundExchange released a list of 9000 recording artists which it claimed it was unable to locate in order to distribute $500,000 worth of "royalties". SoundExchange was creating by the recording industry to collect and distribute royalties. They could not find Rapper Mos Def, producer T-Bone Burnett, or the Mormon Tabernacle Choir.
The artists forfeit the money to SoundExchange if not claimed.
Tuesday, October 03, 2006
PRJ: Insitutionalized Fraud
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