Massachusetts libraries will benefit from the fallout of a national price-fixing lawsuit against music companies.
NEW YORK--Massachusetts libraries will benefit from the fallout of a national price-fixing lawsuit against music companies.
The state's 488 libraries will get 124,000 music discs this spring under a $143 million settlement over CD prices.
Major record labels and retail giants were accused of conspiring to set minimum prices on music CDs under the suit, which had named as defendants Sony Music, EMI Music Distribution, Warner-Elektra-Atlantic Corp., Universal Music Group and Bertelsmann Music Group, as well as retailers Tower Records, Musicland Stores and Transworld Entertainment.
About 68,000 individuals who submitted refund claims will receive checks for $14 this week, while schools nationwide will get $76 million in CDs, says Massachusetts attorney general Tom Reilly.
All of the defendants denied any wrongdoing under the settlement, which involved 41 U.S. states.