Rich Fiscus
20 Jun 2008 1:34
As if to underscore Kid Rock's statements to the BBC about record labels, members of Poison are suing Capitol Records for allegedly cheating them out of royalties through a variety of intentional miscalculations. In fact, according to the suit the band's management hasn't even been able to get Capitol to show them the records necessary to correctly calculate what they're owed.
In the suit band members claim Capitol "willfully and consistently accounted to Plaintiffs for, and paid over to Plaintiffs, substantially less money than is properly due and owing to Plaintiffs pursuant to the terms of the Recording Agreement." In other words the label intentionally cheated them out of royalties.
It also goes on to accuse Capitol representatives of lying to them, not just at the time royalties were due, but also later when they tried to audit the relevant records as allowed by their recording contract.
I can't imagine why people don't take the music industry's piracy data seriously. They seem so honest in all their othe dealings.
You can read the text of the suit in this PDF file.