Limp Bizkit frontman Fred Durst is suing Common Music Group (UMG) for $200 million for allegedly unpaid royalties.
In line with a report by Bloomberg, Durst filed the lawsuit in opposition to UMG in a federal court docket 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 acquired royalties from UMG, solely advances previous to recording the albums. Durst additional claims that UMG promised royalties as soon as these advances have been recouped, which by no means occurred. Bloomberg additional notes that UMG allegedly advised Durst‘s representatives that they had spent $43 million on Limp Bizkit‘s music, and that Durst by no means acquired royalty statements as a result of UMG was “not required to supply them since his account was nonetheless so removed from recoupment.”
“Durst defined that he had been knowledgeable by UMG that he had not acquired any royalty statements as a result of UMG advised him through the years that it was not required to supply them since his account was nonetheless so removed from recoupment,” wrote Durst’s attorneys as reported by Billboard. “Durst‘s representatives, suspicious that UMG was wrongfully claiming Plaintiffs’ accounts have been unrecouped, steered investigating additional.”
The lawsuit then states Durst‘s representatives realized 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 subject royalty statements particularly from 1997-2004 — the peak of the band’s fame and in periods during which 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 due to this fact royalties, due and owing to Limp Bizkit with a view to unfairly maintain these income for itself.”
UMG has not provided a touch upon the lawsuit but.
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