Universal Music has come to a settlement with a substantial number of its former artists?including Chuck D, Dave Mason of Traffic and Rick James (by way of a trust, as the guitarist is deceased)?regarding the distribution of royalties from digital downloads. The sum comes out to .5 Million to be split among numerous parties, as well as an increase in the royalty percentage received by formers going forward. The plaintiffs alleged that Universal's labeling of digital Music earnings as "sales" rather than "licenses" took money off the table for artists.
04-15-2015, 06:52 PM
Universal Music Group Lawsuit: Chuck D, Rick James and More Win $11.5 Million Settlem
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