Could this be the next victory for artists owed streaming royalties?
The American Federation of Musicians is suing Atlantic Recording Corporation, Hollywood Records, Sony Music Entertainment, Universal Music Group Recordings and Warner Brothers Records, claiming that the labels haven’t paid the union a large portion of the money owed from revenue generated by streaming music services. The union filed a lawsuit against the major labels Monday in the Southern District of New York, alleging the labels have not paid money the union is owed from streams that occurred outside the United States.
“The record companies should stop playing games about their streaming revenue and pay musicians and their pension fund every dime that is owed,” said AFM International President Ray Hair.
The defendants have not released comments.