A dispute over the fees charged by American performer unions AFM and SAG-AFTRA in relation to the payment of equitable remuneration royalties to session musicians in the US is seemingly close to being settled.
According to Law360, the judge overseeing the case – Christina A Snyder – gave preliminary approval to a proposed settlement deal yesterday.This all relates to a lawsuit filed in 2018 by songwriter and record producer Kevin Risto, which formally became a class action last year.
Risto took issue with the management of the IP Rights Distribution Fund, an entity set up by AFM and SAG-AFTRA to administer royalties due to performers.That includes the so called Performer ER royalties that are due to session musicians whenever their music is.
Read more on completemusicupdate.com
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