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From: bitbitch@magnesium.net
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To: Elias <fork@example.com>
Subject: Re[2]: So I missed this one...
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Date: Tue, 1 Oct 2002 22:16:10 -0400
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Hello Elias,

Tuesday, October 1, 2002, 9:54:02 PM, you wrote:

E> bitbitch@magnesium.net wrote:

>> Turns out the music industry settled ... quite a hefty
>> settlement.


E> Funnky, I thought that it was minor in comparison the the gouging that 
E> occurs on a standard CD.


>> The Wall Street Journal
>> Copyright (c) 2002, Dow Jones & Company, Inc.
>> Tuesday, October 1, 2002
>> 
>> Five Music Concerns To Pay $143.1 Million In Price-Fixing Case
>> Reuters News Service ...
>> The companies, which didn't admit any wrongdoing, will pay $67.4
>> million in cash to compensate consumers who overpaid for CDs between
>> 1995 and 2000. The companies also agreed to distribute $75.7 million
>> worth of CDs to public entities and nonprofit organizations throughout
>> the country.


E> The CDs will probably cost less than 7.5 million to produce and 
E> distribute... "didn't admit any wrongdoing"?!? Give me a break.


E> Elias





Toobad none of this will go back to any of the people who were forced
to pay the rates.


-- 
Best regards,
 bitbitch                            mailto:bitbitch@magnesium.net


