Breaking News

Viltrox launches AF 56mm Ultra-large aperture F1.2 Pro E and XF (APS-C) lenses Panasonic introduces AK-UBX100 4K multi-purpose camera Sony’s 360 Virtual Mixing Environment now available in Europe ASRock Releases AM5 Motherboard BIOS Update EnGenius Brings Wi-Fi 7 to Small Businesses with Affordable ECW510 Access Point

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

CD lawsuit could earn you $20!

CD lawsuit could earn you $20!

General Interest Jan 21,2003 0

Suppose someone was handing out $20 bills and no one wanted one? That's what's happening in a massive price-fixing settlement paid for by the recording industry. The top five U.S. distributors of compact discs and three large music retailers have agreed to pay $44 million in refunds to settle a lawsuit that accused them of cheating consumers by illegally inflating prices. The companies settled to avoid an expensive legal battle. Anyone who bought CDs between 1995 and 2000 is eligible for a refund of up to $20, even if you don't have a receipt to prove it.

"I want free money, but it seems like there would be a catch," said Jayla Fincher of San Jose. There is one catch. If more than 8.8 million people apply, the per-person share would drop below $5, and the customer refunds would be cancelled, because sending out so many small checks is too expensive. That seems unlikely, however, because only 30,000 people have filed claims in the last three months, leaving most of the money untouched.

Filing for a refund is simple. Just answer a few basic questions at www.musiccdsettlement.com and tell them where to send your check. I made $20 in less than three minutes. Most music buyers call that easy money.

"Twenty bucks?" said Susie Caustrita of San Jose. "It's another CD." There is a limit of one claim per person.

Tags: CD
Previous Post
Macrovision provides revenue and earnings guidance for 2003
Next Post
Microsoft introduces CD copy-protection 'fix'

Related Posts

  • CDs Remain Popular In Japan

  • CD-R And CD-RW Discs Represent $368 Million in 2013 - CD writers and CD Combo Disappearing

  • CD, DVD Recordable Media Market Down

  • One-Red LLC Lowers Patent Royalty Rates for DVD and CD

  • CD Sales Rise

  • Gartner Says Worldwide Online Music Revenue To Increase This Year As Consumer Spending On CDs Slides

  • Philips Honored With IEEE Milestone Award For The Development of Compact Disc

  • Gartner Says 2008 Should Be the Last Christmas for Retail CDs

Latest News

Viltrox launches AF 56mm Ultra-large aperture F1.2 Pro E and XF (APS-C) lenses
Cameras

Viltrox launches AF 56mm Ultra-large aperture F1.2 Pro E and XF (APS-C) lenses

Panasonic introduces AK-UBX100 4K multi-purpose camera
Enterprise & IT

Panasonic introduces AK-UBX100 4K multi-purpose camera

Sony’s 360 Virtual Mixing Environment now available in Europe
Consumer Electronics

Sony’s 360 Virtual Mixing Environment now available in Europe

ASRock Releases AM5 Motherboard BIOS Update
PC components

ASRock Releases AM5 Motherboard BIOS Update

EnGenius Brings Wi-Fi 7 to Small Businesses with Affordable ECW510 Access Point
Enterprise & IT

EnGenius Brings Wi-Fi 7 to Small Businesses with Affordable ECW510 Access Point

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Noctua NH-D15 G2

Noctua NH-D15 G2

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

Soundpeats Pop Clip

Soundpeats Pop Clip

be quiet! Pure Base 501

be quiet! Pure Base 501

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed