It's no secret that various major labels and big music organizations have a history of not paying artists what they're owed under the law. We've covered plenty of examples of fancy "accounting" to avoid having to pay, such that even big stars claim they never see royalties. However, Jeff Price, over at Tunecore has uncovered what may be an even bigger scam on the publishing/songwriting side of the business, creating a giant shell game, wherein major labels are getting hundreds of mill... that are owed to songwriters, but are never paid.
http://www.techdirt.com/articles/20120305/04332117978/how-big-music...
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