Nu-metal group Limp Bizkit Files Lawsuit Against Universal Music Group
Limp Bizkit, a prominent nu-metal group, has taken legal action against its label, Universal Music Group, alleging that the company intentionally withheld over $200 million in unpaid royalties.
Allegations and Legal Action
The lawsuit, filed in Los Angeles’ Central District, asserts that despite a resurgence in the band’s popularity, UMG has neglected to compensate them accordingly. Led by Fred Durst, the group claims that UMG purposely designed software and systems to conceal artists’ royalties and retain profits for itself.
Industry Impact
With their peak in the late 1990s and early 2000s, Limp Bizkit highlights that they are not the only artists affected by royalty disputes. They suggest that numerous other musicians may have faced similar injustices.
Response and Legal Proceedings
Universal Music Group has refrained from commenting on the lawsuit, while the band’s legal representatives have emphasized the significance of the complaint.
According to the complaint reviewed by Variety, Fred Durst sought new legal representation in April 2024 after realizing he had not received royalties for Limp Bizkit’s work. UMG allegedly cited expenses of $43 million on the band that had not been recouped as the reason for withholding payments.
Seeking Justice
Durst’s investigation revealed that Flip Records, the band’s initial label, was benefiting from renewed interest in Limp Bizkit while he received no compensation.
Despite a significant increase in the band’s assets, Limp Bizkit claims that UMG has deceived them, leading to legal action to void contracts and seek damages for breach of contract, fraudulent concealment, and copyright infringement.
Conclusion
In conclusion, Limp Bizkit’s lawsuit against Universal Music Group sheds light on the challenges artists face in the music industry regarding fair compensation and transparency. The outcome of this legal battle could have far-reaching implications for artists’ rights and the music business as a whole.
FAQs
Q: What are the main allegations in Limp Bizkit’s lawsuit against Universal Music Group?
A: Limp Bizkit alleges that UMG deliberately withheld over $200 million in unpaid royalties and designed systems to conceal artists’ earnings.
Q: What legal actions is Limp Bizkit taking against UMG?
A: Limp Bizkit is seeking to void contracts with UMG and pursue damages for breach of contract, fraudulent concealment, and copyright infringement.
Credit: variety.com
