Tuesday , April 23 2024

Label Accounting Practices Still At Issue

    California state legislators have called for a second hearing on record label accounting practices, tentatively scheduled for Sept. 24 in Los Angeles. State Sen. Martha Escutia, D-Norwalk, chairman of the Judiciary Committee, said the second hearing is necessary because “a lot of serious questions were raised but were not answered.” There was an uproar between the Recording Industry Association of America and state legislators after the first committee hearing, which was held last month. The RIAA claimed that it did not have enough time to respond to such serious allegations as fraudulent accounting of artist royalties
    and secret record club contracts.

About Eric Olsen

Career media professional and serial entrepreneur Eric Olsen flung himself into the paranormal world in 2012, creating the America's Most Haunted brand and co-authoring the award-winning America's Most Haunted book, published by Berkley/Penguin in Sept, 2014. Olsen is co-host of the nationally syndicated broadcast and Internet radio talk show After Hours AM; his entertaining and informative America's Most Haunted website and social media outlets are must-reads: Twitter@amhaunted, Facebook.com/amhaunted, Pinterest America's Most Haunted. Olsen is also guitarist/singer for popular and wildly eclectic Cleveland cover band The Props.

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