Muzak Bankruptcy

Muzak Holdings LLC filed for Chapter 11 Bankruptcy in the US Bankruptcy Court for the District of Delaware. Top 30 unsecured creditors include: Universal Music Enterprises, EMI Capitol Records, ASCAP, Sony Music, Virgin Records, Harry Fox, Rhino Entertainment, SESAC, and BMI.

TVT Bankruptcy: UPDATE of Unsecured Creditors

TVT Records filed for bankruptcy on February 19, 2008. The following is a list of unsecured creditors in the bankruptcy proceeding pending in the US Bankruptcy Court, Southern District of New York (Manhattan):

• The Harry Fox Agency $7,328,225.85(U) - Disputed
• Kaye Scholer LLP $4,736,810.00(U) - Disputed
• Slip N Slide Records Inc. $4,579,200.00(U) - Disputed
• TVT Funding LLC $1,205,592.00(U)
• Cinram Manufacturing $576,641.00(U)
• Labaton Sucharow & Rudoff LLP $412,685.66(U)
• Castle Rock Entertainment $379,341.72(U) - Disputed
• SKA Films Diamonds Ltd. $358,370.15(U) - Disputed
• Warner Strategic Marketing $219,999.67(U)
• Christopher Bridges aka Ludacris $200,000.00(U) - Disputed
• Dreamworks/Universal Media $180,174.52(U)
• EMI Music Publishing $176,654.03(U)
• Lemarquis Jefferson $171,000.00(U)
• Vagrant Records $155,167.97(U)
• American Express $144,106.85(U)
• Little Jonathan Properties $132,800.00(U) - Disputed
• Universal Music Publishing $131,566.31(U)
• Universal Music Corp. $124,409.09(U)
• Kings of Crunks Studios Inc. $123,405.58(U) - Disputed
• Warner Chappell Music $121,846.39(U)

[TEEVEE Toons, Inc. dba TVT Records dba TVT Soundtrax dba TVT Distribution dba TVT Jazz dba Blunt Records; filed 2/19/2008; Petition #: 08-10562 Gropper]

R(ather) I(nteresting) A(rticle) A(ttached)

The New York Law Journal has an interesting article today about the RIAA chasing student infringers on college campuses. The article examines the University/Student relationship (in terms of privacy), and outlines policy concerns over both (i) the RIAA's actions, and (ii)the willingness of academic institutions to comply with discovery requests issued by the RIAA in John Doe infringement suits.

Also, the author draws a parallel between the RIAA's accusations against students for infringement (in their demand letters) and the Debtor/Creditor relationship. The article examines New York, California, and Federal law governing creditor practices.

[Donald N. David, "Privacy Needs Key Despite Music Piracy on Campuses"]