A brand new lawsuit filed by Limp Bizkit’s Fred Durst means that the nu-metal hitmakers are owed over $200 million in royalties from the Universal Music Group (UMG). The singer’s legal professionals even went as far as to state that the Durst had “not seen a dime in royalties” over the many years from the label and that his group was not alone in that predicament.

He might have sang about doing all of it for the nookie, however Durst apparently feels he was shortchanged in monetary earnings from Universal Music Group’s cookie. As Billboard reported, in the lawsuit filed Tuesday (Oct. 8) in Los Angeles federal court docket, Durst argued that the label carried out “systemic” and “fraudulent” coverage that was designed to hide royalties from artists in order that the label may maintain the income for themselves.

What Fred Durst Has Alleged

The criticism states that Limp Bizkit initially signed what they thought was a standard document deal in which an artist was superior a sum of cash to document the album with the label then with the ability to recoup these prices earlier than royalties have been handed on to the artist.

Within the authorized motion, Durst claims that the label stated that Limp Bizkit had spent $43 million in advances to work on their music through the years and that each one royalties weren’t being paid “since his account was still so far from recoupment.”

However, Durst reveals that the band was by no means contacted in regards to the preliminary withholdings and their supposed debt. Durst additionally claims that the label initially blamed the dearth of notification in regards to the royalty withholding on a software program error.

“UMG’s failure to issue royalty statements in particular from 1997-2004 — the height of the band’s fame and during periods in which they made record-breaking sales — with respect to its most popular albums suggests that UMG was intentionally concealing the true amount of sales, and therefore royalties, due and owing to Limp Bizkit in order to unfairly keep those profits for itself,” it is said in the go well with.

According to the singer, it wasn’t till he retained new illustration that began trying into his monetary issues that he first realized of the band’s supposed debt to the label and that the royalties have been being withheld.

Lawyers for the musician report that $1.03 million was ultimately launched to the band, whereas the Durst’s Flawless Records recouped $2.3 million after the preliminary inquiry, however the band is suing as a result of the sum doled out is considerably much less that what has been paid to date.

What Else Fred Durst Is Seeking From UMG

While the monetary consideration is an enormous a part of the lawsuit, Durst and Limp Bizkit are additionally searching for to void their contract with UMG and asking for the return of copyrights and searching for further infringement damages over these rights.

Limp Bizkit By the Numbers

Limp Bizkit achieved nice success in the late ’90s and early 2000s. Their debut album Three Dollar Bill, Y’All has been licensed double platinum. The follow-up, Significant Other, is a seven-times platinum album. Chocolate Starfish and the Hotdog Flavored Water is their greatest vendor at eight instances platinum. Results May Vary was their final platinum album.

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After a 10-year break between information, Limp Bizkit returned in 2021 with the well-received album Still Sucks. The band simply accomplished a profitable summer season run beneath the Loserville banner.