Royalties

Black Sheep has waged a legal war against Universal Music Group.The 1990s hip-hop duo, composed of Andres “Dres” Vargas Titus and William “Mista Lawnge” McLean, is spearheading a hefty class action lawsuit over unpaid royalties. According to Billboard, the plaintiffs claim UMG inked a “sweetheart” deal with Spotify in 2008, agreeing to accept lower royalty rates in exchange for cash and equity in the streaming service.The complaint, filed Wednesday in a Manhattan federal court, alleges UMG failed to disclose the details…

by Meghmala December 7, 2022 Adobe Stock specifies new standards for generative AI-generated material, enhancing human creativityIn order to increase how users can improve their creative endeavors, Adobe Stock, a global marketplace with more than 320 million creative assets, has established new rules for submissions of graphics made with generative AI. Early developments in generative AI have led to concerns regarding its right use. Adobe has given these issues careful thought, and they have created a new submissions…

Welcome to the Daily LITG. The world can seem like a terrible and strange place sometimes, but at Bleeding Cool, you can still read all about comics, merch, TV shows, games, movies, and more. The Daily Lying In The Gutters remains a long-running run around the day before and the day ahead. You can sign up to receive it as an e-mail here. I'm fifty in two days, folks. How did that happen? LITG: X-Men art by Jim Lee from Heritage Auctions..And no more Batman from Bale.And solicitations were coming.There may not be much of a…

More than a dozen artists are suing the pioneering Chicago house label Trax Records, the estate of co-founder Larry Sherman, and current owners Screamin’ Rachael Cain and Sandyee Barns, Rolling Stone reports.The plaintiffs, among them Trax co-founder Vince Lawrence and musicians Marshall Jefferson, Adonis and Maurice Joshua – allege that the label owes them unpaid royalties and in some cases that the label never paid them anything at all, according to a copy of the lawsuit seen by the Guardian.Jefferson claims that Trax…

Magic Eden has launched a new software, MetaShield with a vision to protect creator royalties Magic Eden today unrevealed a new feature named MetaShield, which creators can avail to guard their royalty revenue stream. MetaShield was launched in partnership with Coral Cube, an NFT marketplace, and aggregator. MetaShield provides creators the capability to track SOL NFTs listed with custom royalties and take actions to secure their revenue stream. For instance, this new software identifies NFTs listed/traded on…

ADELAIDE, Australia—A rush of deals for royalties on resources projects is drawing attention to an asset that many investors didn’t even know about.Elevated commodity prices have helped companies including South32 Ltd. , Glencore PLC and Rio Tinto PLC raise hundreds of millions of dollars from sales of royalties that had long been on the balance sheets but were overshadowed by their vast mining operations. Owners of royalties get a…

Jay-Z has scored another win in his lawsuit with Parlux Fragrances, which partnered with the rapper in 2013 to launch its “Gold Jay-Z” cologne.The New York Post reports Manhattan Supreme Court Justice Andrew Borrok on Thursday ordered the perfume company to pay Jay-Z $6.78 million in unpaid royalties, including interest.“We’ve been awarded and will be receiving the money as we should,” Jay’s lawyer Alex Spiro told the outlet.Parlux has filed an appeal on Borrok’s ruling.The news comes six months after an appellate court…

The lawsuits are piling up for Pandora, which has been accused by comedians, including Lewis Black and Andrew Dice Clay, of streaming their works without the proper license. Now, George Lopez is joining the fray, seeking $5.5 million from the streamer. Lopez filed suit on Tuesday, claiming that Pandora streamed two of his comedy albums, Right Now Right Now and Team Leader, without paying him royalties or obtaining the proper licenses from him. “ decided it would infringe now to ensure it had this very valuable…

There’s never been an easy time to be a musician, but for many in and around the industry, the 21st century has presented one calamity after another for those hoping to make a living through music. The turn of the century saw record labels implode at a staggering rate, and it would be some time before some salvation arrived in the form of streaming services, which finally offered an effective method to monetize music listening. Examined in the harsh light of day, however, a major question emerges: Who, precisely, do…

SoundCloud has found a powerful partner for its unusual royalty system that ensures lesser-known artists and indie acts are getting the money they deserve. The service has signed a global licensing agreement with Warner Music Group, making the company the first record label to adopt its Fan-Powered Royalties model. Some of the record label's most popular acts are Ed Sheeran, Coldplay, Cher, Gorillaz, Hayley Kiyoko, Kelly Clarkson and Lizzo. However, it's most likely the artists who aren't quite as well-known who would…