 | Quote: |  | | | | | | | | | | Originally posted by scapegoat
Too bad we wont be getting anyof the cash, but its still going towards a good purpose, istead of stiiting in the RIAA's coffers  | |  | |  | |
If the amount is over $5 then the consumers will get a check, only if its under $5 will the money go to charity. Either way, your right... Less money for the RIAA.
I think the settlement should have been for alot more then that. How many CDs, Tapes and Records were sold in the 5 years that the lawsuit looks at??
Oh well, time to download some more MP3 .
The full paragragh reads:
The cash paid by the Defendants, after the payment of attorneys' fees, litigation and Settlement administration costs, shall be distributed to consumers who purchased Music Products. The number of claims filed will determine the actual amount of the individual refund but will not exceed $20.00 per claimant. If the number of claims filed would result in refunds of less than $5.00 per claimant, there will be no cash distribution to individual consumers. Rather, the cash portion of the Settlement shall be distributed to not-for-profit, charitable, governmental or public entities to be used for music-related purposes or programs for the benefit of consumers who purchased Music Products.