Limp Bizkit Files $200 Million Lawsuit Against Universal Music Over Allegedly Unpaid Royalties
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.
Limp Bizkit performing live on stage
Key Allegations:
- Band claims they've never received royalty payments from UMG
- Accounts were allegedly misrepresented as unrecouped
- UMG accused of fraudulent accounting practices
- Missing royalty statements dating back to 1997
- Dispute over advance payments ($43M claimed by UMG vs. $13M documented)
Background:
- 1996: Initial agreement between Limp Bizkit and Flip Records
- Late 2000: New agreement with Interscope
- Flip Records sold half its stake in band's royalties to UMG
- Fred Durst's Flawless Records had a separate JV deal with Interscope
Recent Developments:
- April 2024: New representation discovered royalty issues
- Band found cumulative due royalties of $1.04M in UMG's portal
- Accounts allegedly recouped since 2019 but classified as "unrecouped"
- Late August: UMG paid $1.04M to Limp Bizkit and $2.35M to Flawless Records
Legal Action:
- 60-page complaint filed seeking contract termination
- Estimated damages exceed $200 million
- Claims include breach of contract and copyright infringement
- Band seeks rescission of all agreements with UMG
Fred Durst performing live on stage
The lawsuit comes amid Limp Bizkit's commercial resurgence, with projected streams of 793 million by the end of 2024.
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