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02-11-2003, 02:42 AM
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#1 of 32 
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Member
Join Date: Jun 2002
Local Time: 09:17 PM
Local Date: 10-11-2008
Posts: 907
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Get $5-20 from the Evil Music Industry
I read in ZENtertainment yesterday that as a result of an out-of-court settlement alleging price fixing in the music industry, anyone having purchased "prerecorded Music Products" (consisting of compact discs, cassettes and vinyl albums) between 1995 and 2000 is potentially eligible to receive from $5 - 20 from the top five U.S. CD distributors and music retailers Tower, MusicLand, and Trans World. This link has more info... http://www.musiccdsettlement.com
Has anyone else heard about this at all? I filled out the first section of questions which just asks if you made a music purchase from these companies between 1995-2000, then it started to ask more personal questions. I'd like to know a bit more about it before I give them my mailing address and would like to know if anyone else has filed a claim yet and what the bad side of filing a claim could be.
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02-11-2003, 07:24 PM
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#2 of 32
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Member
Join Date: Feb 2002
Local Time: 09:17 PM
Local Date: 10-11-2008
Posts: 9,651
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I did the same thing. Filled out the first section, bailed out when faced with all the personal questions. Social security number? Why do they need that? The payoff isn't worth the (potential) hassle.
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02-11-2003, 08:10 PM
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#3 of 32
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Member
Join Date: Mar 2000
Local Time: 08:17 PM
Local Date: 10-11-2008
Posts: 2,751
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Heard about this months ago. Its been around the net and cnn and other sites a few times now. No ones gonna get anything...too many people are gonna sign up. If it hits a certain number no one gets anything.
Its doesn't ask for your social, it asks for the last 4 numbers. Without the first 5 it can't be used anyways.
Michael Alletto
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02-11-2003, 10:16 PM
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#4 of 32
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Member
Join Date: Jun 1999
Local Time: 07:17 PM
Local Date: 10-11-2008
Posts: 2,014
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I've heard about it, and I want no part of it. All of my CD purchases have been voluntary transactions where I freely handed over the full amount that the vendor was asking. If I had felt that the price was too high, then I wouldn't have purchased the CD.
This refund must be for all of those people who are forced at gunpoint to purchase CDs at prices higher than they would otherwise choose to pay.
Brad
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02-11-2003, 10:53 PM
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#5 of 32
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Member
Join Date: May 1999
Local Time: 06:17 PM
Local Date: 10-11-2008
Posts: 2,349
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it's a fixed amount of money and the amount of the per person settlement depends on the number of claiments. if the amount drops to below $5 each, nobody gets anything, it all goes to charity.
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02-12-2003, 12:17 AM
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#6 of 32
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Join Date: Dec 2002
Local Time: 08:17 PM
Local Date: 10-11-2008
Posts: 434
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Quote:
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No ones gonna get anything...too many people are gonna sign up.
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Actually, I read that very few people are actually signing up for it (32,000 IIRC), either disbelieving it altogether or figuring so many people signed up that the money is gone. |
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02-12-2003, 12:47 AM
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#7 of 32
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Member
Join Date: Mar 1998
Local Time: 09:17 PM
Local Date: 10-11-2008
Posts: 5,800
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Quote:
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I've heard about it, and I want no part of it. All of my CD purchases have been voluntary transactions where I freely handed over the full amount that the vendor was asking. If I had felt that the price was too high, then I wouldn't have purchased the CD.
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02-12-2003, 12:51 AM
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#8 of 32
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Member
Join Date: Jun 2002
Local Time: 09:17 PM
Local Date: 10-11-2008
Posts: 907
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Allen, did you sign up? I'm trying to find someone that did sign up. Where did you get the 32,000 number from? I heard from the link I provided that they are giving "combined cash payments total $67,375,000. In addition, Distributor Defendants will provide $75,700,000 worth of prerecorded music compact discs."
So if < 1,868,751 people sign up, then everyone gets $20. And no more than 13,475,000 people can sign up to get $5. At least that's my understanding. I'm not really sure what the $75,700,000 is for though. Will they be giving out music at the stores?
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02-12-2003, 01:25 AM
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#10 of 32
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Member
Location: Irmo, SC
Join Date: Nov 2000
Local Time: 09:17 PM
Local Date: 10-11-2008
Posts: 171
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You know, looking at the CD's I actually bought during that time period, you would have thought someone was holding a gun to my head... 
Sadly such was not the case. Heh. |
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