EMI likely to try and stop Beatles’ suit.

It looks like EMI will try to retaliate to the suit filed by The Beatles.  It’s just another round of “Sue Me, Sue You.”  It’s just another day.  I suppose.   Here’s the scoop.

EMI Group PLC, said Thursday it is likely to appeal a ruling in a New York court Wednesday allowing The Beatles to proceed with litigation against the music company. 

A spokeswoman said the London-based record company would “likely” appeal against proceedings in the United States, which are running parallel to separate litigation in Britain.

The surviving Beatles, Paul McCartney and Ringo Starr, along with John Lennon’s widow Yoko Ono, the estate of the late George Harrison and the Beatles’ company Apple Corps, were Wednesday cleared to proceed with the U.S. arm of the litigation by a judge at the New York State Supreme Court.

The Beatles are suing for damages and lost royalties of 30 million pounds ($57 million) in total, and seeking to reclaim rights to all the band’s master recordings, the Beatles’ Britain lawyer told Dow Jones Newswires Thursday.

In December 2005, The Beatles sued EMI and Capitol Records in North America to reclaim unpaid U.S. royalties, and EMI in London to reclaim royalties for the rest of the world.

A key part of the suit is a claim for damages relating to CDs and records which EMI claims were “scrapped”, but the group is pursuing EMI for unpaid royalties relating to the products, which it believes were either sold or given away, Nicholas Valner, The Beatles’ lawyer, said. The U.S. claims amount to approximately 20 million pounds ($38 million) Valner said.

He said The Beatles were also seeking the return of master recordings, on the grounds that EMI and Capitol “can’t be trusted with the masters any more and they should be returned to The Beatles”. EMI currently owns copyright to The Beatles’ recordings.

“Artists from time to time seek audits on their accounts,” an EMI spokeswoman said. “We are not unhappy with that and are happy to have full financial transparency. There are sometimes differences of opinion, especially when contracts are so complex and there may be issues of contractual interpretation. In these situations the parties may resort to the courts or mediation.”

The Beatles and EMI were locked in a decade-long legal dispute during the 1980s after the group’s surviving members accused the company of improper accounting. The case was resolved in 1989.

Source: Houston Chronicle

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: