Lucrative royalties for Mariah
Pop stars Michael Jackson and Mariah Carey, as well as thousands of other lesser known musicians,
have been urged to come forward to claim millions of pounds in forgotten British royalties.
Phonographic Performance Limited (PPL), the body that collects and distributes record royalties
from British radio stations, has published the names of 7,000 artists who are owed royalties
estimated at about 10 million pounds ($14.15 million).|
"The money is really burning a hole in our pockets but we just can't get rid of it," said PPL
director Dominic McGonigal. "I am asking all musicians to search the database and contact us
if you have an outstanding claim."
Some of the music industry's biggest names feature on the site, from Stevie Wonder to Shirley
Bassey, although the site does not say how much money they are owed. The Times said Jackson was
owed an estimated 100,000 pounds for his single Say, Say, Say while Carey, recently paid $28
million to walk away from her contract with EMI Group Plc, was owed money for Against All Odds.
A few of Hollywood's biggest stars are also named. Actress Kim Basinger is owed money for Shake
Your Head while Mia Farrow can collect for Beauty and the Beast. But while many big stars may be
in for a lucrative windfall, most artists are owed more modest sums ranging between 25 and 500
pounds, McGonigal said.
The royalties, which have been accruing interest, stretch back to 1996 when new legislation
covering their collection was introduced meaning anyone who played on any track that received
airplay was entitled to some of the revenue. The artists who are listed are those for which PPL
has no contact information. Their names are published at the Web site www.performersmoney.ppluk.com.
(The Times of India)
by this_is_qhm from the Philippines|
Don't you just miss those times when having a single go platinum really meant something? I mean not that it doesn't now, but the digital age has somehow warped our perception of commercial success in the music industry. Remember when artists back then somehow relied more on airplay than sales to top the charts because people who supported a single ... read more
(Wednesday 20 August 2014; 16:47)
||Who's the best of 90's? (46,156)
by Twisterman from Brazil|
So among all icons from 90's, which is your favourite one? Vote for Mariah.
(Wednesday 20 August 2014; 16:35)
||Billy from Greece (46,154)
by Stephen from London, United Kingdom|
That's a very good observation regarding Faded. I had never thought of it in that light, but now that you say it, I can kind of see the comparison. I love Faded. Such a great track.
(Wednesday 20 August 2014; 15:39)
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