UMG Refuses to Share 2008 Fire Insurance Pay-Out With Artists — “Doesn’t Belong to Them”

On November 4, a lawyer representing Universal Music Group (UMG) told a federal court that artists had no right to an insurance settlement relating to the 2008 fire that destroyed many master recordings. In response to the fire at Universal Studios Hollywood, which is said to have destroyed 100,000 music recordings and other media, a […]

The post UMG Refuses to Share 2008 Fire Insurance Pay-Out With Artists — “Doesn’t Belong to Them” appeared first on Digital Music News.

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