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: 17613

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

Shawn Corey Carter commented on NewMusic's blog post Nasty Neph - "Come With Me" (Official Music Video)
"I think he should've signed to my Roc Nation."
3 hours ago
Dana Lee commented on Dana Lee's photo
Thumbnail

IMG_20180116_013655_063

"Come out Wednesday, January 17, 2018 for the hottest After Work Affair in the city. ***NO COVER CHARGE!!!*** All artists who bring their music will get it played!!!! With featured performances by R&B Diva Mz. Rita, Highland Park's Hip-Hop…"
3 hours ago
Grind2Glory posted blog posts
3 hours ago
NoSellOut Records shared their blog post on Facebook
4 hours ago
NoSellOut Records posted a blog post

In Tribute & Rememberance to the King. Dr. Martin Luther King Jr.

Released Today.Listen To "MLK" By Gambino mmc.View original blog HERESee More
4 hours ago
Rap News Daily posted blog posts
4 hours ago
Zhala Dollaa liked Zhala Dollaa's blog post Dream Doll Surprise Pop Up * (*Everything Nice*) Performance At Wadleigh High School #OMG #PressPlay
6 hours ago
Zhala Dollaa posted a blog post
6 hours ago

© 2018   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