Universal Sued By Two Indy Radio Promoters

According to Reuters news service two old school Indy music promoters have sued Universal Music Group for $100 million, claiming the company forced them to submit false invoices so the labels could recoup promotional costs from artists such as rapper Nelly.

The promoters, National Music Marketing of Los Angeles and Majestic Promotions of Atlanta claim they were forced to doctor invoices that then allowed Universal to bill promotional costs to artists whom the promoters never worked.

"I’m sure (rapper_ Nelly is not going to be too happy that they were taking money out of his promotion budget to pay for promotions for other artists — money that he had to pay back from his royalties," David Cohen the plaintiff’s lawyers told Reuters naming just one of the artists effected.

The lawsuit also claims that when National and Majestic refused to submit phony invoices, Universal fired them and told radio stations not to do business with them.

Read the full Reuters story here.

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