Artists Sue Universal Music Group For Unpaid Royalties
A group of recording artists that includes the estates of Benny Goodman, Sarah Vaughn, and Count Basie sued Universal Music Group earlier today, saying that they had been cheated out of more than $6 million in royalties over the past 10 years, citing royalty statements between May 1999 and February 2007 that they claim contained inaccuracies. Most of the artists in the lawsuit were on labels that had been gobbled up by Universal during its climb to being the largest recorded-music entity on the planet; Universal issued a statement saying that they believe the claims outlined in the lawsuit are “baseless.” [Reuters]
