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Artists, Record Execs Spar over Royalties in Calif.
A California lawmaker investigating record company accounting heard one sad song after another on Tuesday as high-profile musicians from the Backstreet Boys to Bing Crosby’s widow accused labels of robbing them of past royalty payments. At a state hearing in Los Angeles, the musicians said they had sold millions of songs or albums only to receive sparse royalties or to be told they actually owed their respective record labels money to recoup advances. State Sen. Kevin Murray, who called the hearing along with fellow Democrat Sen. Martha Escutia, called it a fact-finding event but chided record companies for not making… Read more »