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Bronx hip hop group black sheep is taking to court alleging that Universal Music Group “illegally withheld approximately $750 million in royalties owed to plaintiffs.”
according to rolling stone, plaintiff, Andres dress“ Titus When William “Mr. Lonee” McLean, ‘s Black Sheep has sued Universal Music Group in a class-action lawsuit filed on behalf of artists who alleged breach of contract when they signed their “sweetheart” deal with streaming platform Spotify.
Members of the group allege that the label received cash and company stock from Spotify to give the streaming company access to Universal’s stable of artists. claims to have counted cash only.
The lawsuit stated that the “hitherto undisclosed” deal violated the original contract signed by the duo with Polygram, which is owned by Universal Music Group, in the early 1990s.
Under that contractual agreement, Universal would be required to pay 50% of all net revenues related to the use of Black Sheep’s productions.
“In the mid-2000s, Universal signed a private lover deal with Spotify, in which Universal agreed to accept significantly lower royalty payments on behalf of artists in exchange for a stake in Spotify (the fledgling streaming service at the time). But instead of giving artists 50% of Spotify’s stock or paying them true and accurate royalties, over the years Universal has shortchanged artists to protect them from plaintiffs and collective bargaining. Members have been deprived of full royalty payments due under Universal’s agreement,” the lawsuit alleges.
Universal Music Group has announced its response to the lawsuit against Rolling Stone.
“Universal Music Group’s innovative leadership has delivered new growth in the music ecosystem, benefiting recording artists, songwriters and creators around the world. rolling stone. “UMG has a track record of fighting for artists’ compensation, and any claim to take fairness at the expense of artists’ compensation is plainly false and absurd. We are unable to comment on all aspects of the complaint.”
Wittels McInturff Palikovic, the law firm representing the Group, wrote:
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