The Trusted Leaders in Entertainment Law (310) 975-1080

Firm Updates

The Wrap Covers Johnson & Johnson's Lawsuit Against UMG For Underreporting International Streaming Revenue (May 14, 2021)

Posted by Johnson & Johnson, LLP | May 14, 2021 | 0 Comments

Beach Boys Guitarist David Marks Leads Class Action Lawsuit Against UMG

The Wrap

May 14, 2021

By Daniel Goldblatt

Marks accuses the company of underreporting international streaming revenue

David Marks, an early member of The Beach Boys, has filed a class action lawsuit against UMG Recordings in which he accuses the company of shorting its artists millions of dollars from international streaming revenue.

According to the lawsuit, filed in California federal court on Thursday, Marks says that UMG is “contractually required to pay artists a portion of the international revenue it receives from the exploitation of Plaintiff and Class Members' artistic works from digital streaming.”

Marks says that UMG has been underreporting revenue generated from foreign sales and thus paying its artists less than he believes they are owed. He says that UMG does not disclose this income to its artists and “essentially conceals and keeps a portion of the international streaming revenues generated by its foreign affiliates without accounting for or paying a fair share to Plaintiff and Class Members.”

Marks believes the amount owed to various artists exceeds $5 million but wants to do a full accounting of UMG's financials to determine the exact amount. He is suing for breach of contract and fraud, among other claims.

UMG did not immediately respond to TheWrap's request for comment.

About the Author

Comments

There are no comments for this post. Be the first and Add your Comment below.

Leave a Comment

The Fortitude You Need

At Johnson & Johnson LLP, we believe that your voice deserves to be heard. Call us at (310) 975-1080 or contact us online to schedule an initial consultation at our Beverly Hills office.

Menu