Sony Music Settles Artists' Foreign Royalties Suit For $12.7M

By Kevin Stawicki (September 8, 2020, 4:42 PM EDT) -- The estate of 1950s pop star Ricky Nelson has reached a $12.7 million deal with Sony Music Entertainment to settle its classwide claims over the label's hefty "intercompany charge" on international streaming revenue before it calculates an artist's royalty rate....

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