In 2007 the collective representatives for members of 1970s Scottish teen pop band The Bay City Rollers filed suit against their former label, Arista, for 30 years of unpaid back royalties on sales in the millions of units. No one knows for sure the exact amount as Arista never issued one royalty statement during that period. Arista attempted to block the class action suit by claiming the band was barred from receiving royalties at all. The court has recently ruled in favour of the band and a forensic accounting will soon begin to determine the extent of lost revenue. The legal team responsible for filing the motion has issued a press statement with more details here.
Tuesday, 26 June 2012
BAY CITY ROLLERS to receive lost royalties
In 2007 the collective representatives for members of 1970s Scottish teen pop band The Bay City Rollers filed suit against their former label, Arista, for 30 years of unpaid back royalties on sales in the millions of units. No one knows for sure the exact amount as Arista never issued one royalty statement during that period. Arista attempted to block the class action suit by claiming the band was barred from receiving royalties at all. The court has recently ruled in favour of the band and a forensic accounting will soon begin to determine the extent of lost revenue. The legal team responsible for filing the motion has issued a press statement with more details here.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment