Fred Durst and Limp Bizkit File Shocking $200 Million Lawsuit
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- Опубликовано: 15 окт 2024
- Limp Bizkit and the band's frontman Fred Durst has filed a massive lawsuit against Universal Music Group for $200 million dollars. #limpbizkit #numetal
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Its shocking to see Fred with a white beard....and then I looked in the mirror 😢
No he looks like one of those dwarfs in your garden !
Same, now i dont feel bad
Just For Men For Beards bro.
True story.
I guess you haven't seen the live footage over the past few years? Grandpa Fred. 😁
I don't know why numerous bands don't join together and file a class-action lawsuit. This seems to be a common problem.
Didn't victory records pull this?
Because they all signed the contracts
@@chaosclgSure they did...but a class-action suit would prompt 'discovery' which would issue in a forensic audit of these sleezballs books, revealing just how underhanded and contrived the 'accounting' has been, and how it was designed to NEVER benefit the creators of the product. A contract that was designed to STEAL from its signee can be deemed illegitimate by any corporate lawyer worth her paycheck!
Didn’t Ed Sheeran do that with streaming a few years ago with other artists?
@@robertmuckle2985 if you agree to it and sign a contract it aint stealing 😂
good for fred. they deserve to get paid. imagine the level of corruption in a big label like UMG
It's not surprising at all honestly. They really believe they control the Universe and can do whatever they want.. that's why they call themselves that...
No doubt, and it’s amazing when a label tries to run from their own contract. Usually the other way around if you don’t fulfill it. I hope he gets his money, as it also breaks doors down for other bands as well.
they deserve nothing
@@Beavisofficial *pats for Patrick* -you tried.
@@Curdledmayonnaise All corporations in the US are corrupt A.F. They all have their government backdoor deals and they keep the system in motion, with the sidecash flowing.
It will be the end of this country. Greed and corruption runs rampant in DC.
See past 4 years... If you didn't notice it before you certainly are noticing it now.
Trump2024 🇺🇸
Never been a limp bizkit fan but I’m 100% on Fred’s side. You know it’s serious when Fred is taking action. Labels are always trying to screw artists. They deserve what’s theirs or at the very least UMG should be 100% transparent with everything going on. This just shows they are hiding something
It took him 20 years to realize he wasn't getting paid... I don't believe that for a second
100% classaction
Just like when record company pushing for streaming services and wants physical records to disappear. With streaming artist gets even smaller royalties and the way they count the sales is even more shady and confusing. Its been discussed by Rick Beato .
@@bigjermboktown6976 it's more like they kept telling him this and that and kicking the can, and in the grand scheme of things most acts make their money on the tours over the albums, so it's not usually something they'd put a lot of thought into. Plus 20 years ago artists still kinda needed labels, these days if you have enough stacked you can do everything independent. It's probably not even about the raw cash as it is getting control back over all of the catalog.
I was never into them until a month ago. Saw a live video . “ limp biscuit Maxwell”. Fred was singing and reads a sign a kid was holding. Fred invited him on stage. And Fred somehow orchestrated a rap thing between them. That kept amping and amping up to one of the best performances . It’s odd I can’t stand rap type music But It was his way of on the spot arranging and directing a kid and the band that got that rocked the stadium. He made a dream come true for a kid . And at the end of the Fred. Gives the kids dad a nod. You got to watch it . Let me know what u think. It was the ultimate combo for fans kid Fred band and dad
Won't surprise me if this turns into a class-action suit.
That may be the final nail in the coffin for these music labels.
It needs to.
Entertainment is such a shady industry - music, movies, tv all screwing over the actual talent
I agree. As we are now learning, they are “screwing the talent” literally and figuratively.
Yet, people get paid Billions to kick a ball around a field
they not also screwing talents.... they also screw little children for rituals.
Exactly. I dread to think about how many talented artists have been put off by a career in music for this exact fact
research the small hats.
If UMG had to pay all of the royalties they still owe all their bands, they would be bankrupt by sundown today.
Agreed and the big executives wouldn’t be making their 6+ figures a year
They deserve nothing less.
7 figures.
9 figures. CEO: Taking into account other short-term and long-term incentives and benefits, Grainge's total 2023 compensation is 138,814,000 euros or $128,264,000
@shabblabbat that's ONE year's pay for Lucian ladies and gentlemen and don't expect this year's to be one cent less.
This time he's gonna let it all out. This time he's gonna stand up and shout.
Steel dragon 😂
Yeah!
So he’ll do it, my way, or the highway?
It's kind of pathetic. The record industry has always been the biggest scam business in the world. Steven Tyler said he never made any money until doing American Idol. Then when MP3's killed the record industry, they started negotiating recording deals where they wanted to take cuts of bands live performance and merch. If any businesses deserve to go out of business it's these huge record companies.
It's true! The "360 deals" where the label gets a cut from EVERYTHING the band makes: ticket sales, merch, etc...
I remember a documentary where different artists/bands talked about the contract they signed with their label.
Before the digital age, the labels paid (and charged the band) for the CD production but also for shipping. Some CDs always got damaged during shipping, so they also accounted for that loss.
Even though they no longer make CDs, a lot of labels still charge the bands for shipping and for "product loss during shipping"!
Can you believe that?!
This is just one example that I remember but they mentioned a lot of shady things like that. They make a 100 page long contract and somewhere in the middle, they add these clauses, hoping they'll get away with it if no one notices...
He spent his first million on cocaine. He got ripped off but he still was making money back then.
He made lots of money and spent it on drugs.
That's a lot of cocaine
Record labels, clear channel radio monopoly, and the ticket master monopoly
This is also known as asking for an audit. EVERYONE signed to a label should be doing this periodically.
Greed destroyed the music industry. Bands like Limp Bizkit were able to become millionaires but they still haven't gotten paid what they earned/deserved. Today great bands, who sell a ton of music and sell out tours need to break up because they can't afford to remain working musicians. Unless you are at the top of the food chain, you can't make a comfortable living as a musician. I'm not really a Limp Bizkit fan (loved the first album, but that's it) but I'm rooting for them. They were the most popular band in the world at one point, there is zero chance they haven't cleared their advance.
Does LL Cool J know you took his hat? 😂🤘✌
LMAO
😂 was a bit of a surprise wasn't it?
😂
LL Kool Rock
They call me Jaws, my hat is like a shark's fin
Discovery in court is a great thing. Dig deep, and expose the label's skeletons.
Not a Bizkit fan, but good for them, hope they win, and in big fashion.
Why do you feel compelled to say you're not a fan? No one cares dude 😂
I don't know which is worse. His music or the music industry
@sentientcardboarddumpster7900 because his band and music Sux. I would say the same thing. And I have
@sentientcardboarddumpster7900 that's probably why they haven't received their full pay 😂
@@sentientcardboarddumpster7900because they're cringelords. People care, if you listen to thrm you probably woupd listen to a ything and novody wants to be associated with that😅😅
...explains why Wes Borland (LB guitarist) has been selling some of guitar collection and gear.
BRO NEEDS TO GET PAID
IMMEDIATELY
That's sad 😔. Mdfkrs
So they what- lived off merch sales for 20 years? How does one not notice all that money just- not there?
I'll take a wes borland riff over a tim henson riff any day of the week.
We're about to see a shit ton of bands filing lawsuits against AMG.
You mean UMG, right? AMG was a car company????
Unless he means AIG @@georgeprice4212
"If you're in music you're in the t-shirt business". There's no money in music.
Nonsense. Millions in music if you're in the right genre. I think that rockers and metal guys need to stick up for themselves and get paid the money they deserve too, just like those poppy teenage girl singers do.
So you mean to tell me pop singers and rappers deserve disgusting amounts of money, and people in rock and roll don't get paid at all??? No effing way.
There is money in it in some respect I'm sure, but to be honest I haven't paid for an album in at least 5 years because I can just watch any of the music I'm into for free on YT. I know a few people who have Spotify subscriptions and buy stuff from Apple Music and whatever, but not many. I suppose they make money from YT views/ads, but I doubt most of them are making a whole lot from that. They probably made a lot more back in the day when people had to actually buy the physical album, but it seems like everyone who signs with a label is getting screwed over. There are independent musicians who are doing great without labels as well. Ryan Upchurch is a good example.
Touring is where they make their money
@@gargamel3393 youre part of the problem.
@@trophyscene5015 you think pop stars are getting paid fairly too? Most of their money comes from commercials or selling their own products
No chance that 50 million albums sold doesn't recoup ANY advance!
At 12 dollar's an album, the revenue is 600,000,000 dollars.
Are you accounting for the retailers, because they get 50% of all album sales?
@@Gregbaltzer So what is half of 600,000,000?
@@ChozoBrain My question is directed at him as to whether he is taking in retailers cut before calculating revenue generated for the label.
Production and manufacturing also
Regardless of production, manufacturing and retail costs, they should be getting paid a lot of money based on record sales.
These artists need payment
I hope Metallica, U2, Linkin Park, and every other superstar artist joins Limp Bizkit or at least watches very closely to what pans out from this lawsuit. If a judge rules in the band's favor it'll open the floodgates to other huge rock and pop acts to have their royalty statements from UMG scrutinized.
Metallica should ask to see Kid Rock's books for royalties on using their riff for 0ne of his most popular songs 😆The good thing is Metallica owns their label and the rights to all their music. They bought it all long ago so they'd only be suing themselves 😁
Thankfully Metallica has been independent for a while now, the others should've done the same if possible.
How did they go 20 years without noticing tens of millions of dollars missing from their lives?
@@Gregbaltzer I’m sure Spotify isn’t paying them anything near what they deserve
@@ronwilliams1094 that's probably true with every artist but Drake and Taylor Swift.
$200 million dollars is not enough
Don’t be surprised if he ends up “overdosing” or “un aliving himself” very soon! These major labels are crooked!
Durst won’t do that , guaranteed
@@miserycodebeats1722 he’s saying that he’ll be assassinated 🤦♂️
@@miserycodebeats1722 yeah I’m saying that the record labels don’t like being challenged and it wouldn’t be the first time one of their artists suddenly dies and they make even more money on posthumous albums…
_"Now I know why UMG wanna hate me, cuz hate is all the world has even seen lately."_ *Fred Durst, 2024*
@@Tennessee_est1983 that’s a stretch , but could be on to something !
I turned down a decent sized record deal with an UMG sub-label after I found out that I would only receive 10% of all my royalties. I said no and 2 weeks later they gave me a counter-offer - 12% of royalties. 😂
The A&R guy who tried to sign me was PISSED when I laughed in his face. 🤷
I had a pretty shady deal back in 2009 myself. it blows my mind when they look back at you with the "I can't believe you said no" face. like they are a god to us and we should just say "yes" insert Rollin eye face.
Tell us you don’t understand how record deals work without telling us 🤦🏻♂️
@@aronbaumel Lol. Ok, then enlighten us on how they work. 😆
@@Scyber_Official I have several times in the comments. Scroll.
It’s not “10% of your royalties”. They were offering you a royalty rate of 10%.
A typical deal back in the day was 13% (13 points) based on wholesale price less returns, free goods, etc. producers usually got 1 of those points
Artists get an advance inclusive of the recording budget, which is recoupable out of artist’s share of royalties (not off the top). Tour support, video budget, outside radio promo, etc. were also advanced by the label and recoupable.
Bands almost never recouped. If they weren’t successful they couldn’t sell enough records to pay back the advance. If they were successful the label would keep spending more on marketing to push sales… and if it really broke then the artist would renegotiate their advance for the next record. Royalty reporting is always 2 quarters behind, so as a practical matter the label is always advancing successful artists money whether cash advances, renting houses, cars, private jets, etc. pushing back recoupment. Even as the royalty rate was negotiated upwards, the advance cash always outpaced royalties. Royalties really only mattered for heritage/catalog artists that consistently sold back catalog and weren’t making new records.
Of course rock bands usually wrote their own songs so they also received their mechanical royalties of approx. $1 per record (75% controlled comp. rate) paid to writer and publisher… how much the artist kept depended on how big of an advance they took on their publishing deal.
With Bizkit, Interscope spent huge sums breaking them and gave them an enormous advance ($7M) after their 3 record was a hit… and then they had 3 massively expensive records flop and they were dropped in 2011. They didn’t sell a whole lot of records or rack up a lot of streams for 11 years after later after they did the Lollapalooza reunion show. It’s not like they were ripped off. They were paid a lot of money. It’s also more complicated because they weren’t signed to Interscope… they were signed to Fred’s imprint so there was probably cross collaboration with the other bands - winners and losers - on their imprint.
I am blown away… Not that UMG has been slimy and kept their money. But that Fred and crew have not investigated this before all these decades later.
These guys have sold millions and millions of records.
I hope he prevails. He is my new hero for all of us music artists. Fred and LB have my full support! Stick it to those crooks!
That's the same thing I said... And it took me 2 seconds to realize it. I mean it took him 20 years to realize he wasn't getting paid I don't believe that for a second
Yeah, something's a bit off. 20 years waiting for money? No way.
The sad part is Fred has always been a champion for people without a voice, the kids who got bullied, the outcasts, and losers. He leaned into that douchebag/frat boy label he was given as part of the act to throw everyone off the fact he's a genuinely cool dude, and just doesn't care what you think of him, but he never deserved all those years of hate.
So glad to see them finally getting some true recognition for who they really are. Which is really just a bunch of cool dudes who make awesome music.
@@fleatactical7390 Bands get money in advance, so they can record their albums, make videos and so on. And the artists get royalties after the initial investments the lables made are payed back.
So they have money from the advances, merch, tours and such, but they never got any royalties.
They sold millions of records up until 2003. They also took enormous advances after that huge success. Then they had 3 very expensive bombs, were dropped by 2011, and haven’t sold anywhere near enough records in the decade after to come close to recouping. It’s only after the success following Lollapalooza 2 years ago that they’ve had the kind of streaming activity to recoup… and that’s why no one was paying much attention until now. This is a routine audit dispute that will be settled.
All this time Limp Bizkit was more Rage Against The Machine than Rage Against the Machine ever were..
gotta Know Your Enemy
Could you imagine telling people in 1998 that Rage Against The Machine would become Rage For The Machine.
Dam what happened to ratm?
@@nameputhpong9041nothing nothing happened to rage against the machine they're still anti-government entire establishment just like they will always be
@@NuMetalfan1996 The machine is capitalism not public health processes. JFC 🤦🤣
I don’t even understand how any artist post 2010 could sign deals to record labels with the resources available now. Prince has been warning everybody since the 80’s. Hope lots of older bands follow suit with LB and bring the record labels down along with the rest of Hollywood.
This could be a really good and big breakthrough if this works. I'm wishing Fred and gang the best.
Sidenote :
Loserville kicked ass and Fred seemed like a cool ass dude and was super grateful for the large audience he had at that concert. Also happened to be his birthday which was cool too.
Thats the funny thing about the music industry, as much money is actually made, a good number of it seems to dissappear under mysterious circumstances by labels, managers, and other handlers
It isn't mysterious, it's out in the open. Everyone knows who it goes to, WTF are you talking about?!
Good for these bands for standing up for themselves! I hope they get PAID for their work!
Prince talked about this very thing in multiple interviews.
what's sad is so many rock stars seem to mysteriously die young too, whilst managers have a lifetime of full earnings from their music.
@@aurora6920 Michael Jackson is a prime example. He was telling everyone close to him that they were going to kill him and he was dead within a few days of saying that. Conrad Murray was just a Fall Guy so Sony could get Michael Jackson's half that he owns back. He literally said to people they're going to kill me for my publishing
It's called the death clause.
Michael jackson too ,look where they ended up
@@kulentarian55 exactly!! Another prime example. Poor MJ!
The Hamburgler over there running the books LOL
this is huge. Limp biscuit needs the full support from all artist and fans.
Sounds like a forensic audit of UMG is in order.
The music industry has been like this since there was music
a lot of us didnt know until the internet.
Judgement Day is coming for the entertainment industry and I'm all for it
Whaaaat??? A massive corporation being completely shady? Noooo, I won't hear of it😤
A settlement in this case would be bad, because UMG should be DRAGGED for this shit in court, and if it ends up with the label dying, well that's just too bad.
The unfortunate reality is that if you try to do anything creative in this world, shitty, talentless, uncreative people will try to take it from you. There is no career in it, the real career is in "managing" it. The salary job with a business degree that leeches everything it can from the contract artists. Bunch of do nothing never beens.
well said mate
The record labels should be arrested
Prince and michael jackson spoke out about this too , amd look where they ended up , im rootin for the limp bisket guys
If Fred wins, this is going to set a BIG Precedent
And then wait for the avalanche of other bands getting in on it.
If stuff like this happens to bands as big as Limp Bizkit and Slipknot, just imagine what must happen to smaller bands.
Screw UMG I remember they were the ones who took down like 75% of the good music videos on RUclips back when.
“How you like me now?” Said Lars Ulrich 😂
Exactly. 💯%.
And on a similar note: toll roads. Tolls are supposed to fund the build and maintenance of the road with the agreement it becomes public when paid off.
Write yourself a little note so you don’t forget again
That when it comes to cash, I’ve been getting smoked
Lendin’ out muh money now I’m broke
Somebody's gettin' choked
UMG is greedy as hell now it shows a bad music company for any art they can’t afford to pay their art whole crap how is the accountant? Greedy as hell UMG.
$1 million dollars in royalties in 2024 after having received none the entire time? That number is absurdly low considering how many albums they've sold.
This about to get fugly for UMG.
And only a million in their account???? No effing way.
Love your channel first time catching a premiere
I would gladly pay $20 for a CD again, so the band can make a little money and then when they come into town, I could pay $50 for a ticket. All of these bands want $200 plus for a live show now. It’s just not worth it
Cds would be 40 bucks today... inflation...
Live shows are the only way bands can make a buck nowadays, they also have to pay for the venue, crew, and set out of pocket. The labels no longer put up funds for tours now
@@preciseaudioblogworth it when you think about how we used to wear the living hell out of our CD’s from so many listens.
@@QUINTtastic True. Besides, recordings used to be way better... today’s recordings suck... cheers!
@@preciseaudioblog Yep.. quantizing, time align, pitch correction, etc. Barf.
TAKE IT TO THE MATHEWS BRIDGE!
They will settle out of court with no admission of guilt and NDAs will be signed.
Not with Fred and Bizkit, it won't go that way.
Love your formatting and story telling. Great journalism Rock Feed - you get a sub!
Not a shocker those greedy record companies
I left the music business after 3 years on the L.A. club circuit back in the early '80s. My band had finally played The Whiskey and was poised to be signed. But rather than approach the band through our manager a certain VIP (and I mean a BIGGIE) in that arena contacted me through the manager. He was offering to be our conduit to (and I quote: "As many offers as you can turn down." But there was a price...
Yes. What you are now hearing about the music industry is all true. I was being "courted" which as we now know is a metaphor for "groomed".
Yes. It almost happened to me.
Getting out of the music business with my sphincter intact is still the best decision I've ever made in my life.
Why don't you put that VIP name out here. Get your revenge that way at least.
btw, Lars Ulrich did this over 20 years ago, and he was lambasted for having the gall to expect compensation and protection from piracy for music.
He was made public enemy #1 for daring to say musician's should get paid for their music - yet, here we are.
No one feels they should pay for music today - paying a subscription SERVICE for their music though? That somehow makes more sense. Get'em Fred.
that was for napster,not people buying albums and cds.which people continued to do
@@waynesmith-r8cwhich is much worse, stealing music.
napster made me buy tons of records because i could actually hear tracks from bands i wouldnt have normally be interested in......
i'm a bartender. next time i open, i'm leaving the jukebox turned off. $1 for 3 credits, and most songs are 2 credits. they also have lawyers, and scabs that harass small businesses like bars , to get more money for the music industry. groups like ASCAP make small businesses kick up to the music industry, even if you just have some guy with a guitar, doing totally original music. the rabbit hole goes deeper.
I really recommend everyone to watch the documentary *"Artifact"* made by 30 Seconds to Mars.
Whether or not you like the band, this is a very interesting documentary that shows what's going on behind the scenes.
They show how the label gave the band an advance to record an album, make a few videos, etc... but it's just an advance that the band needs to pay back. Even after selling tons of albums without getting paid a penny, they still owe millions to the label. Then, they get another advance for the next album and afterwards, no matter how well the album sells, now they owe the label even more money and this never ends.
Royalties do not bear any expenses, hence the name! The royalties are an agreed upon percentage and it comes right off the top of the gross sales of the product! Prince told the entire music industry at an awards show that they were being scammed by the music elites and he died very shortly afterwards..... The artist does 95% of the work and the record label keeps 95% of the money. Most musicians are not intelligent enough to understand the business and the simple math involved. Prince was smart enough to understand these basic principles and told his fellow musicians in a speech while receiving an award many years ago, I suppose none of them listened. The money is gone...spent on jets, yachts, hookers and blow.....good luck recovering. One of Universals top execs was involved with Diddy!
1:37, while he may have done it all for the nookie he should have still gotten his cookie 🍪 😆 missed opportunity.
And who owns all the media companies?
I give up, who?
✡️
JOOOOOOOOZ
lol
@@Porsche35645anyone with the last name of Goldstein 😂
You the man Fred ✌️ ❤️
I feel a musician union coming on. Why not? Actors, screen writers, directors, all have unions.
What does Corey Taylor have to say?
no one care
@@sebg2086you missed the joke bud
@@sebg2086 You dropped your S(lipknot)
@@corrupted_realmno… nobody really cares what CoReY TaYLor has to say😂
@@sebg2086yeah seriously nobody cares
Limp Bizkit deserves every bit of that money, love them or hate them, they still would kick the shit out of this music today!
Only $1MM in royalties in over 24 years? LOLOLOL.Yeah youre getting hosed.
Good time to do it. He’s chosen the time for this lawsuit perfectly.
I'll Venmo Limp a few bucks because I wore out those early CDs. Good stuff.
They are still millionaires.
@@Shadowx011 They should be, quite frankly
If these huge legendary bands aren't getting paid could you imagine being an up-and-coming band in the business.
nice hat
Entertainment lawyer here. You’re doing all of the musicians here a huge disservice by not explaining how record deals work (or used to work), what this really is, and how it’s an ordinary part of the business.
Short version. The band received millions and millions of dollars in advances based on the success of their first 3 records. Then the label spent millions and millions of dollars to make and promote the next 3 records… which tanked and then they were dropped in 2011. They didn’t sell anywhere near what they would have needed to after 2011 to recoup…. until 2 years ago when they started to have their resurgence.
Successful artists never see royalties. They keep negotiating larger and larger advances that keep them always unrecouped. It’s not like the band never got paid for their success. They were just paid up front… and people forget that the private jet flying them between tour dates and Beverly Hills mansion they rented for a year to record in comes out of their pocket… not the label.
This is a typical audit suit…. it’s a normal part of the business that happens every day when there’s been a long period of inactivity and the accounts finally catch up.
If it takes an artist 25 years to realize they haven't received a Royalty payment, this should be the first sign they haven't recouped. If a regular employer didn't pay you after a month of work, you'd know about it. If an artist didn't receive Royalties after 1 year, they should know about it. Durst has always been a grifter
Steinberg & Solomon got it all 😂
Why does it matter if you’re a fan of Limp Bizkit or not, right is right.
And Tom Petty thought he was getting ripped off!
Rocking the LL COOL J kangol hat. Nice!!!
I wonder if this has anything to do with why their last release didn’t have many physical copies put out. No vinyl, no bundles, etc. I’ve always thought that was odd since it was so well received.
Hey! you signed a deal. A deal is a deal. Took them 20 years to file a lawsuit? No one ever liked their music anyway and the checks stopped coming in the mail.
How does this go unnoticed all these years? If I wasn’t being paid, I’d be pissed.
The lawyers are going to get rich on this one and eventually settle for a fraction of the 200 mil
The creator must get the majority of the payments. Period
Casually listening to Limp Bizkit while doing anything is impossible.
The priority of a musician is to make music & money...
The priority of a label is to make money
If only we could file!!
santa needs his money now before christmas dammit!!!
I hope they win. Good luck, LB.
Labels have been doing it like this for decades. The "packaging" costs and marketing are atrocious.
The labels just keep coming up with new debts and charge it to the artists…
life is a lesson, you learn it when you’re through
Not you in the red Fred hat I’m weak!
You are NOT wearing a Tritt shirt while talking about a Rap-Rock band?😅
Love it dude! (And I have love for BOTH those artists)
Limp Bizkits frontman "The Lawn Knome".
About time someone stood up and did something important against this major corporate producers.
Still have all my Bizkit discs. They have been in every car I've ever owned. Good luck, guys!
Bro, you wearing that hat just made me laugh so hard as soon as I clicked on the video I said man this dude loves Limp Bizkit. It’s so funny to hear their name in a lawsuit every time I hear the name it just starts making me laugh and then I look at that hat you’re wearing you’re so funny bro. I love your show.
Nice job rocking the Kangol bucket hat while talking about Limp Bizkit! Wouldn't want to hear news about this band any other way. :)
I don’t understand why they waited so long? Surely someone in the band noticed they didn’t get paid during the high point of their popularity? The scary part now is the labels and venues want their cuts on band merch and tickets. What a bunch of leeches! Hope Fred wins and open the flood gates for artist getting paid what they are owed.
Limp Bizkit sold millions of records and sold out tours all over the world and for UMG not paying all the unpaid royalties that they deserve, I don’t blame Fred nor any other artist for taking legal action against a major record company, that corporation makes billions of dollars off the legacy of other musicians.
thats disgusting
I hope he and the band will get their money
It's 2024, and record companies are still ripping off their artists. Shameful. If they had only siphoned off, say 25%, the band probably never would've noticed. But their incredible greed made them have to have it all.
Everyone in the band should've seen a few million back in their heyday. To tell a group that's had It's time in the sun and done very well that they "still haven't recouped the record companies investment" is straight up criminal. They recouped that money by their 2nd album I bet.