Limp Bizkit frontman Fred Durst is suing Universal Music Group (UMG) for $200 million, alleging the label owes him millions in royalties.
This is according to a report BurundiIt is reported that Durst filed a lawsuit against UMG in California federal court on Tuesday (October 8).
The lawsuit also seeks damages from other artists who collaborated with UMG through Durst’s perfect record. It also asked the court to return Universal Music Group’s copyright to the artists’ works, Burundi the report said.
The complaint alleges that despite sales of Limp Bizkit exceeding 45 million Records since the band signed a deal with California independents in the 1990s flip recordpublished by UMG endoscope.
So far this year, Limp Bizkit has accumulated 450 million flow, and is expected to total more than 793 million By the end of the year.
The complaint alleges that Durst and his Limp Bizkit bandmates received advances for the album, UMG covered recording costs, and will begin receiving royalties once their costs are recouped. Burundi reported.
UMG allegedly told Durst representatives that it had spent $43 million In the case of Limp Bizkit’s music, these must be reclaimed before any royalties are paid to Durst. UMG also allegedly told Durst’s team that Durst had not received any royalty statements because UMG “was not required to provide them because his account was far from being recovered.”
However, Durst’s representatives discovered that Flip Records received millions of dollars in compensation through profit sharing with UMG. When they logged into UMG’s database to view Durst’s royalty statements, they found more than 1 million US dollars Revenue is waiting to be paid.
When Durst’s team contacted UMG about the incident, the company blamed it on a software bug. Burundi reports and requests a variety of data, including banking information.
The complaint alleges that UMG never intended to pay any royalties to Durst.
Limp Bizkit was founded in Jacksonville, Florida in 1994 and signed with Flip and Interscope in 1997 when Interscope was MCAformerly known as NBCUniversal and Universal Music Group.
The band achieved mainstream success with their second album in 1999, significant otherand the 2000s Chocolate starfish and hot dog flavored water. Both albums topped the charts Advertising billboard 200 On the US charts, the two combined have sold some 26 million Global replication. significant other Obtained 7x Platinum certification in the United States, while chocolate starfish Earned 6x Platinum certification.global music business
