Cash Money Records Sued For Not Paying Royalties again

keone

WORLD WAR K aka Sensei ALMONDZ
International Member
Birdman and his brother Slim are not paying up again. Apparently they failed to pay royalties to EMI read below.

According to Courthouse News Service, EMI is suing Cash Money because the label ceased quarterly royalty payments they had agreed to make as part of a 2009 settlement reached between the parties. Cash Money allegedly owes $491,000 in royalties for samples from the EMI catalog that appear on the label’s albums.

“Because Defendant has ignored numerous communications from EMI regarding Defendant’s contractual obligations, EMI once more is being forced to commence a lawsuit against Defendant to recover royalty payments,” the complaint states. “The sales of Defendant’s products have far exceeded the payments that EMI has received.”

“It is clear from Defendant’s conduct that it has no intention of honoring the Agreement,” the complaint continues.

Cash Money has a long history of lawsuits, many of which end up settled. The label was served with three lawsuits in the same week last June — two for unpaid royalties and one for alleged copyright infringement. They’ve also faced lawsuits over their hit songs “Bedrock”, “A Milli” and “How to Love” (alleged copyright infringement, unpaid royalties and alleged breach of contract, respectively); for an alleged sexual assault for which they were claimed to be liable; and several others.

SOURCE
 
Cash Money dont like to pay. Cats that floss 23hrs out of a 24hr day. You have to sue for them to pay. Best move they made was not letting Wayne walk, which he almost did years ago over to Roc A Fella.

Aint that a bitch !
 
Why would anyone think someone like Baby will pay money he owes? He's a true hood nigga. Got skrilla in the pocket and can pay it but its hard to part ways with it for non essential bills. Easy to spend for ballin', hard to spend for bills.
 
Seems like shortly after there's a video of them buying a new car, a lawsuit comes
 
They probably end up settling for alot less then what they would have to pay in the beginning....
 
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