Eminem Could Receive an Extra $30 Million in Royalties From F.B.T. Productions Lawsuit
F.B.T. Productions, the outfit accredited with discovering Eminem in 1995 and producing many of Em’s tracks filed a lawsuit back in 2007. The claim was that Aftermath did not have the right to distribute the music digitally to people such as Apple and other providers.
Universal Music Group (UMG) filed an appeal with the 9th Circuit Court in 2010 after Eminem and F.B.T. Productions were awarded half of the royalties of digital downloads. The appeal was overruled and UMG took their case to the Supreme Court who refused to hear the appeal.
During an interview with the New York Times, Joel Martin explained:
“As of now it’s worth $17 million or $20 million, but on a future accounting basis, five or 10 years from now, it could easily be a $40 million to $50 million issue,”
This type of case raises many questions over how royalties are distributed and reinforces the fact that the music industry has and is still changing. Digital distribution has changed the music industry in so many ways, both from a positive and a negative perspective and the future of the industry is almost certainly intertwined with how the major labels choose to embrace the digital age.
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