In this episode of the Top Music Attorney Podcast, Entertainment Attorney, Miss Krystle discusses a $600 million lawsuit brought by major record labels against the Internet Archive (Wayback Machine) for copyright infringement. While traveling to New Jersey for depositions, Miss Krystle shares insights on how labels are shifting from relying on streaming revenue to pursuing legal claims for statutory damages, which can amount to $150,000 per instance of infringement.
Miss Krystle also emphasizes the importance of copyright registration for artists, explaining how proper legal documentation can enable musicians to protect their creative works and claim statutory damages in infringement cases. She encourages artists to adopt a mindset similar to record labels, diversifying their income streams and leveraging their catalogs to secure financial success. Forget Spotify... how record labels are REALLY making money!
Legal Disclaimer: The information, ideas, and suggestions in this video are not intended to be legal advice. Before following any suggestions contained in this video, you should consult your personal attorney. The speaker shall not be liable or responsible for any loss or damage allegedly arising as a consequence of your use or application of any information or suggestion in this video. Pursuant to the fair use doctrine under the 1978 Copyright Act, a copyrighted work owned by another may be used for criticism, commentary, news reporting, and educational purposes. The use of the livestream contained in this video falls within the fair use doctrine.
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VIDEO SHOT AND EDITED BY:
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THEME / SHOW MUSIC BY:
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#InternetArchiveLawsuit #MusicIndustryPodcast #HowRecordLabelsReallyMakeMoney
14 окт 2024