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Business News (more headlines)

07-22-2002

Recording Artists To Testify Before Senate Committees On Record Label Accounting Practices

(Sacramento) Sam Moore, current solo artist and formerly of Sam and Dave, and Stacy Womack Henderson, daughter of legendary Motown diva Mary Wells, will appear before a joint hearing of the Senate Judiciary Committee and the Senate Select Committee on the Entertainment Industry on Tuesday, July 23rd, to testify about how Sam Moore, Mary Wells, and hundreds of other artists were cheated of their health and retirement benefits by systemic underreporting of their royalty earnings by record labels. Also testifying will be Joyce Moore, who will relay her fight to get health and retirement benefits for Jackie Wilson and Mary Wells, two artists who had to rely on public assistance in their last days because accounting irregularities underreported their true earnings.

The Committees have also arranged for expert testimony from Jeffrey Light, well regarded entertainment lawyer, who will review for the senators typical royalty terms and deductions in a recording artist contract, and Fred Wolinsky, who will share with the members his 26 years of experience in auditing the royalty statements of recording labels.

Other, current recording artists are also expected to attend.

Representatives of the Recording Industry Association of America will also be present to testify.

The hearing will be held in Room 4203 of the State Capitol, and will commence at 9:30 am.

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