Sony Music Reaches $12.7M Settlement in Challenge to Decades-Old Contracts, Royalty Methods

Sony Music has agreed to pay $12.7 million to settle a class action lawsuit brought against it by the estate of 1950s and ’60s pop star Rick Nelson over deductions on foreign streaming royalties, according to a new settlement agreement filed on Sept. 4.

Source: Sony Music Reaches $12.7M Settlement in Challenge to Decades-Old Contracts, Royalty Methods

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