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Limp Bizkit frontman Fred Durst is suing Common Music Group (UMG) for $200 million for allegedly unpaid royalties.
In keeping with a report by Bloomberg, Durst filed the lawsuit in opposition to UMG in a federal courtroom in California on Tuesday, October 8 for allegedly unpaid royalties and asking for a void of Limp Bizkit‘s contract. The lawsuit additionally seeks compensation for artists that labored with UMG by Durst‘s personal Flawless Information, in addition to asks for the copyrights of all works by Flawless Information artists to be launched from UMG to Durst.
The lawsuit claims that Durst by no means obtained royalties from UMG, solely advances previous to recording the albums. Durst additional claims that UMG promised royalties as soon as these advances had been recouped, which by no means occurred. Bloomberg additional notes that UMG allegedly informed Durst‘s representatives that they had spent $43 million on Limp Bizkit‘s music, and that Durst by no means obtained royalty statements as a result of UMG was “not required to offer them since his account was nonetheless so removed from recoupment.”
“Durst defined that he had been knowledgeable by UMG that he had not obtained any royalty statements as a result of UMG informed him over time that it was not required to offer them since his account was nonetheless so removed from recoupment,” wrote Durst’s legal professionals as reported by Billboard. “Durst‘s representatives, suspicious that UMG was wrongfully claiming Plaintiffs’ accounts had been unrecouped, recommended investigating additional.”
The lawsuit then states Durst‘s representatives discovered Limp Bizkit’s accounts had greater than $1 million in unpaid royalties, which UMG claimed was a technical error.
The lawsuit reads, partially: “UMG’s failure to situation royalty statements particularly from 1997-2004 — the peak of the band’s fame and during times wherein they made record-breaking gross sales — with respect to its hottest albums means that UMG was deliberately concealing the true quantity of gross sales, and subsequently royalties, due and owing to Limp Bizkit with the intention to unfairly preserve these income for itself.”
UMG has not provided a touch upon the lawsuit but.
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