Warner, Sony BMG, EMI and Universal are facing up to $6 billion in damages for piracy.
Sounds a bit weird, right? Record labels, the companies that constantly rally around artists, harping on about everyone working equally hard getting paid their fair share are cheating artists out of money? However, according to a TorrentFreak post, several of the biggest record labels are being sued for pirating a massive 300,000 tracks.
A group of artists in Canada have reportedly grown tired of labels using their songs without permission. According to TF, labels tend to use a lot of songs for the likes of compilation CDs without first asking the artists' and last year a group of artists filed a class-action suit against the CRIA, Canada's equivalent of the RIAA.
TorrentFreak reports that the suit is ongoing but the labels have already admitted to owing at least $50 million for infringing the rights of artists.
Read the full story here.