‘Weird Al’ Yankovic has settled a lawsuit he filed against Sony in March of 2012. His company, Ear Booker, sought $5 million in damages. There’s no word on the actual amount he is receiving from this settlement.
Yankovic included a slew of grievances in his lawsuit:
- Underpaying income from digital downloads: He says they labeled the downloads as “sales” instead of “licenses”. As a result Sony paid him 15 percent of the generated income instead of 50 percent. This totals to about $1.5 million in losses.
- No payment from Sony’s equity stake in YouTube: Yankovic claims his popular music videos gave Sony leverage in the agreement.
- No payment from licensing agreements and settlements: He says he hasn’t seen any money that has flowed to Sony from Spotify, Vevo, Napster, Kazaa, and other services.
- Improperly charging him for the marketing of various TV specials
- Underpaid publishing royalties
- Lack of payment for items given to retailers
- Improper recording of streams
- Under-reported income from sync licensing