Two Companies Representing Eminem’s Management Sue Aftermath, Interscope over Digital Download Revenue
On Monday (May 21), two management companies that represent Eminem filed suit against Aftermath Records, Interscope Records, Universal Music Group Recordings and ARY Inc. claiming they are owed revenue from digital downloads of the rapper’s music. According to The Tennessean, Detroit based F.B.T. Productions LLC and Em2M LLC say they are entitled to a 50% share of any revenue generated from downloads of Em’s music, but are currently receiving only a 12% cut. An audit that was completed in February estimates that the two companies were owed $650,000, and that amount has now reached $1 million. “We are bringing this action based upon the specific language of our contracts with UMG,” said attorney Richard Busch of Nashville law firm King & Ballow, who are representing Em’s management team. According to the suit, which was filed in Los Angeles federal court, the parties are seeking a court order confirming their right to 50% of money earned from digital downloads and ringtone sales, as well as compensation for lost revenue.