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Post Info TOPIC: EMI Sues Cash Money Over Lil' Wayne's "Tha Carter III"

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Date: Mar 20 04:32:21 2012
EMI Sues Cash Money Over Lil' Wayne's "Tha Carter III"

EMI Records filed a claim on Monday against Cash Money Records over late payments related to rapper Lil' Wayne's 2008 album, "Tha Carter III."  Filed in a US Federal Court in New York's Southern District, the suit alleges that Cash Money has failed to make payments owed for undisclosed music it licensed. 


The dispute actually stems from a lawsuit EMI filed against Cash Money in 2009 for "direct, contributory and vicarious inducement of copyright infringement, unfair competition and breach of contract."  The two reached a settlement in that case in February 2010, with Cash Money making a $1.5 million payment at the time.  But EMI claims that Cash Money never made a second payment due under the settlement, and is seeking the amount owed plus a late payment penalty outlined in the settlement.





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