Sabtu, 26 Oktober 2024

The IDR 3.1 Trillion Royalty Issue Limp Bizkit Finally Sues Universal Music Group

  
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By:
Team of Hukumindo

Previously, the www.hukumindo.com platform has talk about "Amazing, Public Road Transformed Into Garage", "Be Careful Using AI, You Will be in Trouble for Citing Non-existent Jurisprudence", you may read also "Due to Low Sales Product, Tupperware Files for Bankruptcy" and on this occasion we will discuss about 'The IDR 3.1 Trillion Royalty Issue Limp Bizkit Finally Sues Universal Music Group'.

Limp Bizkit, a nu metal band that was very famous in the late 90s and early 2000s, recently took a big step by suing Universal Music Group (UMG). They accused these major labels of withholding the royalties they should receive. The amount mentioned in the lawsuit is no joke, up to USD 200 million or around Rp. 3.1 trillion![1]

Durst and his friends officially filed this lawsuit in Los Angeles Federal Court on Tuesday (8/10/2024). They accused UMG of deliberately making regulations that made royalties for artists like them 'unclear'. Just imagine, according to lawyer Fred Durst, even though Limp Bizkit's popularity is on the rise, they have not received royalties since August 2024. In fact, their albums have sold millions of copies, and there are millions of streams from Spotify alone every month. "Our comeback was extraordinary, but until now we haven't gotten a penny from UMG," stressed Durst. UMG also told Fred Durst that royalties worth USD 43 million or Rp. 672 billion were being withheld because they felt that Limp Bizkit still had a large debt that had not been paid off. But, strangely, even though their popularity has soared again with music sales increasing 68 percent, the money still doesn't disburse. Not just Limp Bizkit, you know! There are hundreds of other artists who Limp Bizkit claims have suffered a similar fate.[2]

Limp Bizkit itself has been active for almost three decades, with members currently consisting of Fred Durst, John Otto, Sam Rivers, Wes Borland, and DJ Lethal. They are famous for songs such as My Way, Re-Arranged, Break Stuff, Take a Look Around, and Eat You Alive. Even though they went on hiatus from 2006 to 2009, now they are active again and getting more hype. So far, Universal Music Group has not provided a statement.[3] And if you have any legal issue in Indonesia territory, contact us for business inquiry, feel free in 24 hour, we will be glad to assist you. 


*) For further information please contact:
Mahmud Kusuma Advocate
Law Office
Jakarta - Indonesia.
E-mail: mahmudkusuma22@gmail.com

________________
References:

1. "Klaim Royalti Rp 3,1 Triliun Ditahan, Limp Bizkit Gugat Universal Music Group", www.detik.com., Dicky Ardian, Rabu, 09 Okt 2024, Diakses pada tanggal 10 Oktober 2024, Link:  https://www.detik.com/pop/music/d-7579495/klaim-royalti-rp-3-1-triliun-ditahan-limp-bizkit-gugat-universal-music-group
2. Ibid.
3. Ibid.

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