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11 Comments
Saved you a click:
“Three decades after it rose to prominence, the band and its founder, Fred Durst, alleges that Universal Music Group (UMG) owes more than $200m after fraudulently concealing royalties from the band.
In a lawsuit filed in California, attorneys representing Durst, Limp Bizkit and Flawless Records accused UMG of using software “deliberately designed to conceal artists’ (including Plaintiffs’) royalties” so it can pocket the profits.”
There is something amusing about a company called Flawless Records being involved in an accounting fraud lawsuit
The only thing creative about Hollywood executives is the way they do their accounting.
GIVE ME SOMETHING TO BREAK!
I thought the nookie was enough
So we buy tickets, tshirts and stuff to support our favourite band so that some executives can go buy private islands and party… Great
Flawless records about the get a motherfucking chainsaw
I guess it would be nice, if I could take your money
The music industry is so dirty. Literally run by gangsters originally who aren’t that far off from that legacy even today.
Not in the same context, but Lou Perlman, who found a BSB and *NSYNC install investors money to fund these groups ended up making him a sixth member of the respective bands and also had a per diem on the artist as well
Artists and entertainment companies battling over royalties is as old as dirt. This will get negotiated in an unclickworthy manner.