Limp Bizkit and frontman Fred Durst have filed a lawsuit in opposition to Common Music for $200 million, claiming the band “by no means acquired any royalties” till lately.
Within the lawsuit, filed on Tuesday (October eighth), Durst’s attorneys allege that Limp Bizkit and “probably a whole bunch of different artists” have “unfairly had their royalties wrongfully withheld for years” as a result of a “fraudulent” system created by Common Music.
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The singer’s attorneys write within the swimsuit, “Durst defined that he had been knowledgeable by UMG that he had not acquired any royalty statements as a result of UMG advised him over time that it was not required to offer them since his account was nonetheless so removed from recoupment. Durst’s representatives, suspicious that UMG was wrongfully claiming Plaintiffs’ accounts have been unrecouped, recommended investigating additional.”
The swimsuit provides, “UMG’s failure to challenge royalty statements specifically from 1997-2004 — the peak of the band’s fame and during times wherein they made record-breaking gross sales — with respect to its hottest albums means that UMG was deliberately concealing the true quantity of gross sales, and due to this fact royalties, due and owing to Limp Bizkit with the intention to unfairly hold these earnings for itself.”
Durst’s attorneys additionally questioned the report firm’s accounting practices, saying that $199,676 was mysteriously charged to the band. UMG apparently argued that $43 million had been paid to the band in recoupable advances, explaining why Durst and his bandmates “had not been paid a single cent” till lately. The label did ultimately launch $1.03 million to the band and $2.3 million to Durst’s Flawless Information after the singer’s new authorized illustration known as consideration to the matter this previous spring, however Durst’s attorneys declare the corporate owes the nu-metal act rather more cash.
“Given the huge quantities of cash collected by UMG in relation to gross sales of Limp Bizkit’s and Flawless Information’ albums over time … UMG is liable to plaintiffs for tens of hundreds of thousands of {dollars} in copyright infringement, if no more,” the swimsuit continues, “Certainly, Plaintiffs allege that the quantities owed to them by UMG following the rescission of those agreements will simply surpass $200 million.”
In line with Billboard, along with the unpaid royalties, the lawsuit is looking for to void the band’s report contract and provides the band again the copyrights to its music. Additionally it is looking for copyright infringement damages.
Limp Bizkit lately accomplished their headlining “Loserville” tour, however might be again on the highway in 2025 after they assist the following North American leg of Metallica’s “M72 World Tour.” Choose up tickets right here.