Phoenix, AZ - In a badly worded press release the unsigned Phoenix
Goth banjo band, Phonics Cat, released their latest album "Picking
Death" directly to Napster. The band says this is a pre-emptive
strike against any major record label screwing them.
"We read about how the
major labels screwed Courtney Love, Smashing Pumpkins and Metallica
and we decided that we weren't going to let that happen to us," said
drummer Tabby C, "this is our middle finger to all the major
Even though the band has not been signed by any labels, several
record companies have decided to file lawsuits against the group.
"We're really sorry Phonics Cat decided to go this route. They
were going to be big. We'll now be forced to litigate," said
UMG executive Brian Stabler. "The lost future revenue
streams our label will incur from this goes into the millions, perhaps
hundreds of millions."
Sony Music executive Sara Barnhardt said, "Goth banjo is the
hot new category and Phonics Cat were going to lead that category. We
predict that the band would have generated $370 million for Sony
Music, and that we had a 24% chance of signing them. Therefore
we are seeking $88.8 million in damages from the band."
Representatives of Napster say they will cooperate with the labels
and block any user who downloads any Phonics Cat song when and if
that ever happens.
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