Cheap Trick and The Allman Brothers have won a major legal battle with record executives at Sony over digital music royalties. The label has agreed to pay almost 8 million dollars as part of a settlement to a group of veteran musicians, bringing a five-year dispute to an end.
Both bands claimed they had not been properly paid for music sold online via websites like iTunes.com. The class action lawsuit was resolved on Wednesday (Mar. 7), with Sony bosses agreeing to pay artists signed to the label between 1976 and 2001, who have contracts with clauses stating they receive 50 per cent of net revenue for licensed music, a total of $7.95 million.
More artists, including Peter Frampton and Public Enemy, are pursuing similar legal battles with their labels.