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METALLICA's Record Label To Be Bought By NAPSTER Founder?
The Pulse Of Radio reports that METALLICA's record label is for sale — and one person interested in buying it is the man who founded Napster, against which METALLICA fought a legal battle more than a decade ago. According to All Things Digital, Napster founder Sean Parker is in talks to team up with two other private investors to purchase the Warner Music Group, where METALLICA has been making records since 1984.
Back in 2000, METALLICA launched legal action against Napster, claiming that the pioneering music file-sharing service was illegally allowing users to download METALLICA tracks without paying royalties to the band. Although the case was settled out of court, 300,000 users were banned from Napster as a result and METALLICA's image took a tremendous beating in the eyes of music fans.
Napster's legal battles continued with Warner Music Group and other labels until the service finally went under in 2002.
Parker, who later became a billionaire by helping to launch Facebook, may now make a bid for his old enemies' label, which is suffering from the same woes as the rest of the traditional music industry.
Parker was portrayed by Justin Timberlake in the recent, Oscar-winning movie about the start of Facebook, "The Social Network".
METALLICA drummer Lars Ulrich, who was the main spokesperson for METALLICA in the Napster battle, later admitted that he wished he had dealt with the situation differently.
Even if Parker succeeds in buying WMG — and four other parties are said to be in the race as well — he might not get to be METALLICA's boss after all. The band's last effort, 2008's "Death Magnetic", was its last under its current contract, and it is not known whether the group has re-signed with the label.
Look for a new label, Lars. LOL
Yes, Idid read they are not under contract anymore. Doesn't make the idea of Napster owing WMG any less funny.
Back in 2000, METALLICA launched legal action against Napster, claiming that the pioneering music file-sharing service was illegally allowing users to download METALLICA tracks without paying royalties to the band. Although the case was settled out of court, 300,000 users were banned from Napster as a result and METALLICA's image took a tremendous beating in the eyes of music fans.
Napster's legal battles continued with Warner Music Group and other labels until the service finally went under in 2002.
Parker, who later became a billionaire by helping to launch Facebook, may now make a bid for his old enemies' label, which is suffering from the same woes as the rest of the traditional music industry.
Parker was portrayed by Justin Timberlake in the recent, Oscar-winning movie about the start of Facebook, "The Social Network".
METALLICA drummer Lars Ulrich, who was the main spokesperson for METALLICA in the Napster battle, later admitted that he wished he had dealt with the situation differently.
Even if Parker succeeds in buying WMG — and four other parties are said to be in the race as well — he might not get to be METALLICA's boss after all. The band's last effort, 2008's "Death Magnetic", was its last under its current contract, and it is not known whether the group has re-signed with the label.
Look for a new label, Lars. LOL
Yes, Idid read they are not under contract anymore. Doesn't make the idea of Napster owing WMG any less funny.
Comments
before watching the movie I knew that zuckerfag stole the idea and led those other guys on... and I thought it was bullshit. but after seeing the movie I thought it was less tame then what I originally thought. Plus those crew guys were awful so I didnt feel too bad that their idea was stolen. (not like it was really all that original anyways).
I also wondered how much the third dude got of the 65 million dollar judgment the crew guys won. I bet they fucked him just like zuckerfag did to them
Dropping out of college isn't bad. You know what's bad? Getting anally raped by your best friend's uncle as your third grade teacher snaps pictures and laughs in amusement before joining in, leaving you with a bad case of AIDS to die young...until you get hit by a car and have a slow, painful death.
and how am i a burnout? i will give you hardly a future and poor tho lol