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.

 

 

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Tags: A, Cash, EMI, For, Money, Non, Of, Payment, Royalties, Second, More…Sues, Time

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Comment by Restitution on March 24, 2012 at 5:43am
Come baby you can buy a maybach,bugatti and Bentley's but can't pay for beats come on
Comment by tony b on March 23, 2012 at 8:31am
They should pay d money and avoid scandals.
Comment by tiana washington on March 22, 2012 at 9:35pm
its about to blow!
Comment by Yung Bixteen on March 21, 2012 at 9:57pm
please come listen to my tape. ii wouldnt waste my time posting this if ii even thought i'd be waisting yours. http://www.reverbnation.com/TheRapGamesGuardian
Comment by Infamou$Hill on March 21, 2012 at 2:04am
Cash Money jerking people like always.
Comment by Twin.45 on March 19, 2012 at 4:59pm
what It Look Like?? They Owe Who?? Well Put That On That Tab Than They Know. Them 8 Million Dollars Cars Everybody Keep Complainin' About Appeal 2 Me More Than Most Of The S*** They Rapping About. FYI EMI They On They Paper chase Stop Playin' Liability With Yourself B4 They Movement Move.
Comment by GreenI$$$ on March 19, 2012 at 3:30pm
im starting to think that birdman has no idea how to run a record label
Comment by Captian Kirk on March 19, 2012 at 10:15am
Birdman Nevered Owned A 8 million dollar car!! That Was A Lie Also. It Was Posted Up Here 3-4 Months Ago.
Comment by fckweezynbirdman on March 19, 2012 at 5:12am
I agree with Big Reed1 Cash Money lacks integrity, that should be their slogan. The payments have stopped no s*** lol birdman is as cheap as they come. Young money aka "We dont pay the people we're supposed to records"
Comment by ItsTheKid22 on March 19, 2012 at 12:38am
FRONT MONEY RECORDS



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