Why Universal Music Sued Its Insurer Over a $14.4 Million Payment to Musicians

It appears that at least one of the major labels has found an innovative new business model.

You just cannot overestimate the venality of these guys. From the article:

… In other words, UMG put out albums without artist permission, held back royalties from these artists, and then finally paid out when faced with a much bigger legal threat. Now, even though the settlement money seems to cover what was claimed and acknowledged to be owed to artists, UMG is using the guise of a copyright claim to recover the money from its insurer…

Why Universal Music Sued Its Insurer Over a $14.4 Million Payment to Musicians (Hollywood Reporter)

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