And they call us pirates? According to this FoxNews story, record labels haven't been paying in to the AFTRA pension fund:
At the same hearing, music industry lawyer Don Engel, called the record companies' accounting practices "intentionally fraudulent" and compared them to WorldCom and Enron. Only, the record companies have been doing this since Elvis Presley wore tight pants. They've just never been questioned about it.Jordan, by the way, testified that even though "This Is How We Do It" sold 2 million copies, his record company says he's never broken even with them or turned a profit.
I've never advocated theft in my life. But I think I'll start downloading more music and mailing a few bucks to the artists, including the writers. Let the publishers eat cake.
Posted by Rich at August 1, 2002 2:36 AM