Free Consultation
(323) 300-4184

Mon – Fri: 9:00 am – 6:00 pm PST

Free Consultation

Sony Music Entertainment has agreed to a one-time payment of $12.7 million to “common fund” and a 36% increase in foreign streaming royalty payments for artists part of a class-action lawsuit brought by the estate of 1950s pop star Rick Nelson. Nelson’s legal team suggests that “the settlement could affect hundreds, if not thousands, of class members.”

zxfvzcxv-1 In the lawsuit, the issue is with Sony’s policy of reducing “the foreign streaming royalties” by applying an “intercompany charge” on revenues collected outside the US. Rick Nelson’s estate alleges that “by assessing an intercompany charge for international sales, [Sony] impermissibly takes up to 68% off the top of the international revenue earned from streaming sales.”

Sony Music “denies all allegations of wrongdoing, fault, or liability, or that it has acted improperly in any way.”

 – Excerpt from an article for MusicBusiness Worldwide by Murray Stassen. Read the full article here.

Disclaimer: Please note that the information contained within this news post and site is offered simply as a consideration to visitors who are in the entertainment industry and are seeking to learn more about various areas of entertainment, be it in film, movies, television, music, digital, new media, film financing, merchandising and/or branding. As such, the information so provided should never be construed as legal advice. If you need further assistance or legal advice for your specific matter, please do not hesitate in contacting an entertainment attorney (film, music, digital, licensing, financing) here in Los Angeles, California at The Hollywood Lawyer by(1) emailing us at; (2) calling us at (323) 300-4184; or (3) filling out our online form

Related Posts

Free Consultation