CSI has created a searchable web-based system, the Claims Website, to facilitate individual claims for medium- and high-value items in this matter. The Claims Website will be available for a limited time only. Claims respecting Medium-Value Items, for which the quantifiable aggregate value is between $1,000 and $2,500, must be filed on or before August 2, 2012 while claims respecting High-Value Items, for which the quantifiable aggregate value is $2,500 and above, must be filed by February 1, 2013.

The Notice of Commencement of the Claims Process provides full details of eligibility for compensation in this matter, and the process for making claims. Please read this notice carefully as it may affect your legal rights.

An important milestone has been reached in the Canadian class action lawsuit dealing with unpaid mechanical and video royalties by the major record labels.

CSI, as Settlement Administrator in the action, will be making its first market share distribution of royalties to the class on December 15, 2011. This distribution consists of the portion of the settlement funds associated with low-value items on each of the record companies’ pending list for Group I and II Products.  For more information on this topic, please refer to the Distribution of Settlement Funds section of our website.

$8,731,737.55 will be paid out as part of this first distribution, $7,024,567.86 of which represents royalties for Group I Products and $1,707,169.69 of which represents royalties for Group II Products.