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: 17609

Comment

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

Join ThisIs50.com




Upcoming Releases

Members

 


Example Searches:
music, girls, Bentley

Latest Activity

Breezy Says posted blog posts
2 hours ago
ThuggedOutNerd commented on NewMusic's blog post 50 Cent Ft. Jeremih - Still Think I'm Nothing (TI50)
"50 nailed it"
3 hours ago
Marvin Bernard commented on Phelonius Caperz's blog post Meek Mill's Request To Be Moved From Solitary Confinement To General Population Granted
"Meek will drop a mixtape with Tony Yayo right after coming out of jail #PassPortGang"
5 hours ago
Marvin Bernard commented on Thisis50 TV's blog post 50 Cent & G-Unity Donate Over 500 Turkeys in Jamaica, Queens For Thanksgiving - TI50
"Tony Yayo should drop a ThanksGiving mixtape which is better than turkey #PassPortGang"
5 hours ago
NoSellOut Records posted a blog post

Gambino mmc's "Death To The Trap Vol.2 Da Double Up" Mixtape Available Now!!!

Listen to Gambino mmc's second project release of 2017 below. Visit original blog for free download & more info regarding #NoSellOut Records Magazine Blog news. If anchor text link above doesn't work in all blogs this site contributes to here is the link http://bit.ly/2hLfE58 …See More
5 hours ago
NoSellOut Records shared a profile on Facebook
5 hours ago
Grind2Glory posted a blog post

Independent Recording Artist SilkDrizzle Drops A Hot New Video With "Bleed That B****"

Underground performing artist SilkDrizzle releases a new video and single for his track "Bleed That B****." He teams up with director @TrvpyFilms to bring a street themed visual to his track. bar for bar SilkDrizzle brings hot metaphors and straight forward facts as he laces the instrumental. We enjoyed our introduction to this talented emcee and we believe you will too. Check out "Bleed That B****" today!And keep up with SilkDrizzle @…See More
6 hours ago
James L liked James L's blog post Tattooed Mulligan Indie Artist Spotlight interview
7 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