Wednesday, January 24, 2007

Wolfgang's Vault answers critics...

Several artists, including members of the Doors and the Grateful Dead, have threatened to sue wolfgangsvault.com for playing old concerts from the catalog of the legendary concert promoter, Bill Graham. Now, on his site, Wolfgang has posted a response to the charges that he is unfairly profiting from these concert tapes:

Some common questions have surfaced recently that we would like to answer:

First, and most importantly, when we broadcast these songs on Concert Vault, we pay the artists, through their respective Performing Rights Organizations (BMI, ASCAP and SESAC), in the same manner they would be paid if their songs were played on the radio. We pay on time and in full.

Second, we spent a significant amount of money to purchase the assets (and all of the intellectual property rights associated with these assets) that you find on our website, including, in particular, the recordings of all the concerts we make available.

Lastly, we invested millions more to transfer these very old tapes into a digital format and then repair, mix and master these recordings to prepare them for streaming. We will continue to invest in our website, streaming system and network architecture to deliver high quality music for free. - wolfgangsvault.com

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