Universal Music Sued for Cheating Music Artists Out of Royalties
Date : 2008 02 18 Category : Web News
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More than a dozen musicians claim they've lost more than $6 million USD since 1998.
More than a dozen recording artists, including the estates of Count Basie and Benny Goodman, sued Universal Music on Friday, saying they had been cheated out of more than $6 million in royalties since 1998.
The artists, many of whom signed with recording companies that were later bought by Universal, sued the world's largest music label for breach of contract and breach of fiduciary duty in a lawsuit filed in New York State Court.