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songwriter
The Candian movie theater company, Cineplex has come into $965 million after winning their breach of contract lawsuit against Cineworld. In 2019, the two companies signed a contract where Cineworld agreed to purchase Cineplex for $2.81B, creating the largest movie theater chain globally. But in 2020, Cineworld claimed they could break the contract because Cineplex...
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Kieran Hebden, UK electronic producer Four Tet, will sue his former label Domino over breach-of-contract for removing his albums from all streaming platforms. Domino pulled the albums under a previous legal dispute with the artist in 2020 over royalty rates, “Hebden claimed that the contract suggests a “reasonable royalty rate” for streams and downloads would...
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ZZ Top’s manager negotiated a deal to sell their entire catalog to BMG and KKR for $50M. The agreement includes a buyout of the “band’s publishing catalog and their income from recorded royalties and performance royalties.” ZZ Top and BMG have held a joint publishing agreement for years. With worldwide sales topping 50 million copies...
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