The lawsuit being pursued by songwriter and record producer Kevin Risto over the distribution of equitable remuneration monies to session musicians in the US has been granted class action status.
It means at least 30,000 musicians could benefit from any ruling in Risto’s favour.Risto’s litigation targets American performer unions AFM and SAG-AFTRA and the IP Rights Distribution Fund that they set up to administrate various royalties due to performers who appear on sound recordings.
Most importantly, that includes the so called Performer ER that is due to session musicians when their music is played on online or satellite radio services in the US.That money is initially collected by the collecting society SoundExchange.
Read more on completemusicupdate.com
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