Limp Bizkit has filed a massive lawsuit against Universal Music Group (UMG), seeking over $200 million in damages for alleged unpaid royalties, copyright infringement, and breach of contract.

Key Claims:

• Band claims they never received royalty payments from UMG
• Accounts were allegedly misrepresented as unrecouped
• UMG accused of fraudulent accounting practices

Background: The dispute stems from multiple agreements:

• 1996 agreement between Limp Bizkit and Flip Records
• Late 2000 Interscope agreement
• Joint venture deal between Fred Durst's Flawless Records and Interscope

Recent Developments:

• April 2024: Durst hired new representation and discovered royalty issues
• Band's expected streaming count: 793 million by end of 2024
• UMG portal showed nearly $1.04 million in unpaid royalties
• Accounts allegedly recouped since 2019 but classified as "unrecouped"

Financial Disputes:

• UMG claims $43 million in advances paid to band
• Plaintiffs argue actual advance total closer to $13 million
• Late August: Band received $1.04 million payment
• Flawless Records received $2.35 million

Current Status:

• Band seeks termination of contracts
• Estimated damages exceed $200 million
• Case pending legal proceedings

The lawsuit represents one of the largest royalty disputes in recent music industry history, highlighting ongoing issues with streaming revenue accountability and artist compensation.

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