Want $20 from the record companies — free?

From Al’s Morning Meeting: “Suppose someone was handing out $20 bills and almost nobody wanted one? That’s roughly what’s happening with a massive price-fixing settlement involving states and compact disc companies.

The deal calls for payments of as much as $20 for customers who bought CDs between 1995 and 2000. But so far, only a few people have signed up, and officials fear the money will go begging. Full AP story here. Anyone who bought a CD, cassette tape or vinyl record at a retail store between 1995 and 2000 is eligible to make a claim before March 3rd. The site does not ask for receipts or proof of purchase, only that you promise you actually bought a CD in that time period.

In case you didn’t hear about the settlement back in October, here’s a story about it.