CD Settlement Rebates Sent

Woohoo!  Back in 2000, a whole host of states filed suit against the five main music distributers and three retail chains regarding price fixing.  Well, the $144 million settlement finally got approved (they admit no wrong-doing, of course).  If you were one of the the roughly 3.5 million people who registered to say that you bought :CD:s, records, or cassettes between 1995 and 2000, then your check for $13.86 should be on its way.

Of course, the immediate irony here is that $13.86 won’t even buy a single CD in most cases.  Figures: Big Media wins again…

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Woot!  Rochelle and I both registered in time, so we can spend that $27.72 on a DVD or something.

Speak of the devil, I got two checks in the mail today!

Dear Illinois Music Purchaser:

As Attorney General for the State of Illinois, I am pleased to enclose payment for your claim in the settlement of the Compact Disc Minimum Advertised Price Antitrust Litigation.  This lawsuit was brought by the Attorneys General of 43 states and three territories and by counsel for Private Class Plaintiffs on behalf of purchasers of music CDs.  In accordance with the terms of the court-approved settlement, payment is being made to music purchasers who filed a valid and timely claim.

Whether you filed your claim online at the settlement web site, [url=http://www.MusicCDSettlement.com]http://www.MusicCDSettlement.com,[/url] or by mail, the attached payment represents full payment of your portion of the Settlement.  Please note that the attached payment instrument must be cashed by may 20, 2004.

It is a pleasure to bring this matter to a satisfactory conclusion and to return value to consumers who purchased CDs while the challenged pricing policies were in effect.

Lisa Madigan
Attorney General of Illinois

$13.86, hee hee.

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