Cash Money Records Sued For Not Paying Royalties

EMI is suing Cash Money for stopping quarterly payments they had agreed to make in 2009 as part of a settlement. Allegedly Cash Money owes EMI $491,000 for samples from EMI’s catalog.

“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,” states the complaint. “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.”

It’s not new for Cash Money as they have had constant lawsuits over the past few years.

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