Enrique Iglesias Sues Universal Music Group

Enrique Iglesias has filed a lawsuit against Universal Music Group over streaming royalties, accusing the record label of underpaying him to the tune of millions of dollars. According to the suit, Iglesias has sought to inspect Universal’s bookkeeping after receiving what is described as a “small fraction” of his 50 percent royalty rate for streaming.More »

By mcarthurtiptoptux@comcast.net on January 26, 2018

Enrique Iglesias has filed a lawsuit against Universal Music Group over streaming royalties, accusing the record label of underpaying him to the tune of millions of dollars. According to the suit, Iglesias has sought to inspect Universal’s bookkeeping after receiving what is described as a “small fraction” of his 50 percent royalty rate for streaming. The suit claims that the “improper accounting has resulted in a shortfall of millions of dollars,” and requests an accounting of Iglesias’ royalties, access to UMG’s records and damages. “Artists, producers and songwriters should benefit from the reduced costs of streaming, not have their musical works spin unwarranted profits,” Iglesias’ attorney James Sammataro said in a statement to Billboard. “Universal has long ignored, and is now attempting to distort, the clear terms of its artist agreements so that it alone reaps the savings from digital streams. After lengthy efforts to have Universal honor its contractual obligations, Enrique’s team regrettably concluded that he had no choice but to file this lawsuit.” Iglesias has been with UMG since 1999. Copyright(c) 2018 RTTNews.com. All Rights ReservedLess «