EMI Sues Cash Money Records A Second Time For Non Payment Of Royalties

 

Birdman and Slim are having to deal with yet another lawsuit involving non payment of royalties. This one involves music giant EMI.

 

EMI alleges they are owed nearly $500,000 from the label that is home to Lil Wayne, Nicki Minaj and Drake. This lawsuit stems from a previous one in 2009, when EMI sued Cash Money for copyright infringement. The suit was settled and a payment plan was put in place to compensate EMI for songs that Cash Money Records' artists illegally sampled.

 

EMI is now suing again, alleging the payments from Cash Money have stopped according to Courthouse News.

 

"Because Defendant has ignored numerous communications from EMI regarding Defendant's contractual obligations, EMI once more is being forced to commence a lawsuit against Defendant to recover royalty payments," the complaint states.
According to the parties' agreement, EMI is entitled to a multiplier penalty of 1.25, which means Cash Money owes more than $491,000 in damages.
 "The sales of Defendant's products have far exceeded the payments that EMI has received," the complaint states. "Once EMI realized that Defendant owed more money under the Second Payment it notified Defendant and explained that due to the increased sales, EMI was entitled to additional compensation."

 

 "It is clear from Defendant's conduct that it has no intention of honoring the Agreement."

     

EMI is represented by Richard Roth of New York City.

 

 

Follow Me

Join Our Facebook Fan Page Check Us Out On MySpace Follow Us On Twitter Follow Me On Youtube

Views: 17593

Comment

You need to be a member of ThisIs50.com to add comments!

Join ThisIs50.com

Comment by REZA on March 18, 2012 at 1:39am
IN THE LABB BLOWIN UP A STORM MAN!!!! WORKIN ON NEW MATERIAL!!!
Comment by ANTHONY HURT on March 17, 2012 at 11:35pm
HEY LOOK AT BERRY GORDY.HIS INPRINT DID THE SAME,ILL KEEP THESE CHIPS,KNOWING THEY GONE SUE.MEAN TIME IM FLOSSING ON THE INTREST AND INESTMENT .BOUT TIME WE GET TO COURT THE MONEY HAS TRIPLED,SO SURE ILL PAY WHAT I OWN NOW THAT IVE MADE A PROFIT.....CLASSIC BIZNESS
Comment by Instant Classic Productionz on March 17, 2012 at 11:32pm
I don't know, but i'm beginning to think everything is rented.
Comment by phucker jenkins on March 17, 2012 at 11:14pm
Dumb a** n**** didn't realize you still have to pay royalties even if you're buying your own records!!!
Comment by des50shhh on March 17, 2012 at 11:01pm
Baby tryna have it all
http://www.youtube.com/watch?v=jQyDGuX5Glk&feature=plcp&context=C4290b74VDvjVQa1PpcFOjosQpsGdBuNcHmu9veCXvgcB0jb9fwcM=
Comment by YK on March 17, 2012 at 10:44pm
same n*****, same story
Comment by SonGetWrec on March 17, 2012 at 8:34pm
LMAO!! i hope cash money NEVER pays 'em. fuc the industry.
Comment by G-Unit_Soldier_420 on March 17, 2012 at 8:31pm
cash money for bankrupt
Comment by killa kyle on March 17, 2012 at 8:12pm
It will never hold up in court. Increased sales have nothing to do with a past contract. New York needs to lay off cash money. Thats pocket change for them but they're not about to get punk'd. The only company that increased sales should matter to is Universal. EMI came after the wrong people.
Comment by The Broom on March 17, 2012 at 8:02pm
Rome is burning.



Upcoming Releases

Members

 


Example Searches:
music, girls, Bentley

Latest Activity

Profile Icon via Twitter
Shise Foe Ft. Dave East - Drako https://t.co/lNiPq5aQ6M https://t.co/g4fNzA5PIo
Twitter11 minutes ago · Reply · Retweet
George Dj-indeed Turner posted blog posts
23 minutes ago
NewMusic's blog post was featured

Shise Foe Ft. Dave East - Drako

Rapper Shise Foe, hailing from Harlem and Westchester, New York, recruits Dave East for his new single single titled "Drako." Give it a listen up top.See More
1 hour ago
NewMusic posted a blog post

Shise Foe Ft. Dave East - Drako

Rapper Shise Foe, hailing from Harlem and Westchester, New York, recruits Dave East for his new single single titled "Drako." Give it a listen up top.See More
1 hour ago
G posted a blog post

DJ Scream team up with Yolo Ru and Koon Ru

Yolo Ru and Koon Ru team up with DJ Scream for their new mixtape titled Ru Gang. The 10-track project is available for purchase on iTunes. Stream Now on Livemixtapes.com . http://www.livemixtapes.com/mixtapes/44898/ru-gang-blood-brothers.htmlSee More
3 hours ago
Hot 100 Artists-Producers posted blog posts
3 hours ago
Pandaemonium liked ChasinDatPaper's blog post Lecrae x The Breakfast Club: Talks Faith & Politics, Saving Someone From Suicide, New Album, Hurricane Harvey Devastating Houston, Giving Away Scholarships (Video)
4 hours ago
Yung Hus posted blog posts
4 hours ago

© 2017   Created by 50 Cent.   Powered by

Badges  |  Report an Issue  |  Privacy Policy  |  Terms of Service

© 2012   Created by 50 Cent.   Powered by .

Badges  |  Help  |  Terms of Service | Privacy Policy