Ravenwood - 04/27/05 06:30 AM
Big Music is being accused of racketeering. CNET reports:
Two independent music promoters have sued Universal Music Group for $100 million, claiming the record company forced them to submit false invoices so Universal could recoup promotional costs from artists such as rapper Nelly.The suit raises "pay-for-play" issues similar to those being probed by New York Attorney General Eliot Spitzer in a wide-ranging investigation into whether record companies have broken U.S. law by paying radio stations to play their songs.
The two promoters, National Music Marketing Inc. of Los Angeles and Majestic Promotions Inc. of Atlanta, Georgia, claim they were forced to doctor invoices that then allowed Universal to bill promotional costs to artists whom the promoters never represented.
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