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$20 for CD purchasers
KMSP TV ^ | 1/20/2003 | Author not named

Posted on 01/21/2003 11:12:27 AM PST by tje

Time is running out for music lovers to get money for nothing. If you bought a CD in the last five years, you could get $20. But you have to ask. In an-out of court price fixing settlement, record companies are required to give 44 million in cash back to consumers. Many consumers we talked to at Electric Fetus were unaware they were eligible.

The easiest way to make a claim is on the internet, at www.musiccdsettlement.com No receipt is necessary. All you have to do is answer three questions. One catch: if more than 8 million people apply, no cash will go out, and it will go to non-profit groups.

The legal notices have only appeared in a few places like TV Guide. The deadline is March 3rd. You must apply by then. There's also of toll free number at 877-347-4782.


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Miscellaneous; News/Current Events
KEYWORDS: cd; mp3; music; riaa
Just heard this today and couldn't find it previously posted. I'm at work, between meetings so am unable to reply. But I thought people might find this information helpful.
1 posted on 01/21/2003 11:12:31 AM PST by tje
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2 posted on 01/21/2003 11:14:27 AM PST by Support Free Republic (Your support keeps Free Republic going strong!)
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To: tje
Looks legit. I called the number and it seems the info is for real.

Surprised I never heard of this previously.

3 posted on 01/21/2003 11:23:25 AM PST by Damocles
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To: tje
Ordinarily, I wouldn't bother. But, considering how the RIAA is jumping all over the MP3 issue; I think I'll ask for my $20 back.
4 posted on 01/21/2003 11:23:56 AM PST by Hodar
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To: tje
Snopes.com says it's on the up-and-up.
5 posted on 01/21/2003 11:24:16 AM PST by Physicist (Sounded too good to be true, but it is.)
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To: tje
Claim here.
6 posted on 01/21/2003 11:27:31 AM PST by Petronski (I'm not always cranky.)
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To: Physicist
Its legit
7 posted on 01/21/2003 11:27:51 AM PST by alisasny
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To: tje
It is legit, you can sign up here. Of course, if too many people sign up, the deal is off and the money goes to charity instead.
8 posted on 01/21/2003 11:29:00 AM PST by SamAdams76
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To: tje
I don't understand why the music people are so aggressive about internet users downloading free music? Why can't they just sit down and talk to all the kazaan users about how bad it is for them and how the laws say don't do it? there's no dialogue. Just demands to stop. Aren't they afraid of being seen as a bully throughout the world?

Hmmmm? I guess its all about oil...errr I mean money. Another case of who ox is being gored.
9 posted on 01/21/2003 11:30:54 AM PST by Rockiesrider
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To: tje
Why would someone have paid more for a CD than what they felt it was worth?
10 posted on 01/21/2003 11:32:58 AM PST by Jack Wilson
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To: tje
Heh:

Server Error in '/english' Application.

Server Too Busy

Description: An unhandled exception occurred during the execution of the current web request. Please review the stack trace for more information about the error and where it originated in the code.

Exception Details: System.Web.HttpException: Server Too Busy

Source Error:

An unhandled exception was generated during the execution of the current web request. Information regarding the origin and location of the exception can be identified using the exception stack trace below.

Stack Trace:



[HttpException (0x80004005): Server Too Busy]
   System.Web.HttpRuntime.RejectRequestInternal(HttpWorkerRequest wr) +148


Version Information: Microsoft .NET Framework Version:1.0.3705.288; ASP.NET Version:1.0.3705.288

11 posted on 01/21/2003 11:33:04 AM PST by B Knotts
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To: tje
We are currently experiencing intermittent technical difficulties on this Web site. If you try to file a claim electronically on this Web site and are unsuccessful, please try again later today. Or, if you would like to receive a notice packet in the mail, which includes a hard-copy claim form, please call toll free 1-877-347-4782. Thank you.
12 posted on 01/21/2003 11:33:41 AM PST by Old Professer
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To: tje
Is there a person in America over the age of 10 that hasn't purchased a music CD in the last five years? If everyone in the country tried to take advantage of this, by my calculations the industry would have to shell out in the neighborhood of four to five billion dollars!
13 posted on 01/21/2003 11:36:55 AM PST by jpl
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To: Rockiesrider
Yes it is all about money. When the record industry shut down Napster, I absolutely refuse to purchase any new CDs.

We played this game with video tapes years ago. At $100 per copy for a video tape, nobody was stupid enough to purchase one. Even today, you still see the FBI warning before the movie starts.

Once the movie industry realized that they could make huge profits by selling video tapes at a reasonable price, did we see a change.

I honestly wish that American Citizens could file a class action lawsuit against the music industry. What they are doing today is simply criminal.

14 posted on 01/21/2003 11:38:19 AM PST by Hunble
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To: tje
Signed up a while ago.
15 posted on 01/21/2003 11:40:09 AM PST by rintense (Go Get 'Em Dubya!)
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To: tje
Th offer ends March 3, 2003. Here is an article from the Kansas City Star
CD settlement money has gone begging so far

RALPH RADFORD/The Associated Press

If you're a CD lover like Aliza Arias of Seattle, you could get up to $20. Five CD distributors and three retailers agreed to pay $143 million to settle allegations they cheated CD buyers by fixing prices.

BONUS FOR CD BUYERS IGNORED

Few people apply for settlement in price-fixing case

Suppose someone was handing out $20 bills and few people wanted one?

That's roughly what's happening with a massive price-fixing settlement involving states and compact disc companies.

The deal calls for payments of as much as $20 for customers who bought CDs between 1995 and 2000. So far, only a few people have signed up, and officials fear the money will go begging.

In September, the five top U.S. distributors of compact discs and three large music retailers agreed to pay $143 million in cash and CDs to settle allegations they cheated CD buyers by fixing prices.

The lawsuit alleged that the companies -- upset with low prices charged by some stores -- conspired with retailers to set music prices at a minimum level, effectively raising the retail prices for CDs.

Part of the settlement -- about $44 million in cash -- is earmarked to pay customers from $5 to $20, depending on how many people wind up dividing the money.

By the end of December, only about 30,000 people nationwide had applied for a piece of the pie, a tiny fraction of the number the settlement could handle.

"The response thus far has been fairly abysmal," said Washington Attorney General Christine Gregoire. She was among the attorneys general of 41 states and commonwealths who accused record companies of conspiring with music distributors to boost the prices of CDs between 1995 and 2000.

The companies settled rather than wage a costly legal battle.

The settlement's Web site has been up for more than a month, and legal notices have been published in TV Guide, Parade and other national magazines. But the response rate has been low, said Tina Kondo, a senior assistant attorney general in Gregoire's office.

"I guess people don't like to read legal notices," Kondo said.

Gregoire and other officials hope a radio commercial campaign will boost interest in the settlement.

Anyone who bought CDs, cassette tapes or vinyl records at stores between 1995 and 2000 is eligible. The application window closes March 3.

You don't even need receipts to prove you bought CDs. Just click to the settlement's Web site, answer three questions, and fill in your name and address. But don't try to recoup the entire cost of your music collection -- only one claim per customer.

Although 41 states took on the music companies, people in all 50 states are eligible for the cash.

There is one catch. If more than about 8.8 million people apply, the per-person share would drop below $5, so the customer part of the settlement would be canceled, because sending out such small checks would be too expensive.

Instead, the money will go to public entities and nonprofit organizations in each state to promote music programs. The settlement already calls for those organizations to receive 5.5 million CDs valued at $75.7 million.

The music distributors participating in the deal are Bertelsmann Music Group, EMI Music Distribution, Warner-Elektra-Atlantic Corp., Sony Music Entertainment and Universal Music Group. Also included in the deal are three national retail chains: Trans World Entertainment, Tower Records and Musicland Stores, a division of Best Buy Co. Inc.

-- Paul Queary/The Associated Press

http://www.kansascity.com/mld/kansascity/business/4948335.htm

16 posted on 01/21/2003 11:41:02 AM PST by Damocles
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To: SamAdams76
the deal is off and the money goes to charity instead.

I'd almost rather they had to give the money to charity because too many signed up as opposed to not enough signing up and they keep the excess.

17 posted on 01/21/2003 11:43:23 AM PST by Damocles
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To: tje
Is there some way to have the money sent direct to FreeRepublic?
90,000 times 20 is..........
18 posted on 01/21/2003 12:02:00 PM PST by TLBSHOW
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To: Vic3O3
Check this out.

Semper Fi
19 posted on 01/21/2003 1:19:23 PM PST by dd5339
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To: sweetliberty
Ping.
20 posted on 01/21/2003 2:48:37 PM PST by PeaceBeWithYou (De Oppresso Liber!)
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To: TLBSHOW
5 years worth of FR at the current rate, but don't forget all the lurkers out there.
21 posted on 01/21/2003 2:51:59 PM PST by PeaceBeWithYou (De Oppresso Liber!)
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To: PeaceBeWithYou
bttt
22 posted on 01/21/2003 3:05:27 PM PST by TLBSHOW (the bush bots marching lock step lock step even when the boss signs onto those liberal programs)
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To: PeaceBeWithYou
Why do I think that private citizens are never going to see the money?
23 posted on 01/21/2003 3:06:24 PM PST by sweetliberty (RATS out!)
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To: sweetliberty
I'd love to see this backfire on the defendants, but it won't. They'll payout less than 1 million, maybe less than 100,000 claims. But no matter the amount, they will use it to whine, twist it to claim that the public must not have had the perception of being rooked, and 50 other things they have already thought up.

At any rate, I'm splitting mine between JR, and FR.

24 posted on 01/21/2003 4:13:26 PM PST by PeaceBeWithYou (De Oppresso Liber!)
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To: PeaceBeWithYou
"I'm splitting mine between JR, and FR"

Good plan.

25 posted on 01/21/2003 4:18:58 PM PST by sweetliberty (RATS out!)
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