The lawsuit, which was filed in Miami federal court on Wednesday, alleges that Universal paid the “Bailando” singer a “small fraction” of the 50 percent royalty rate outlined in his contract for streamed music. The Latin singer, who left Universal in 2015, said that the label has been “systematically underpaying” him for royalties related to songs played on streaming music services like Spotify, SoundCloud and Pandora. Universal Music Group's shares jump in stock market debutīill Ackman calls it quits on his giant SPAC days after shareholder lawsuitĮnrique Iglesias slapped Universal Music Group with a lawsuit, claiming the record company owes him millions of dollars in royalty fees.
K-pop mega group BTS drops Sony for Universal Music labels clamor to buy pricey Sting and David Bowie catalogs
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