Rick James, others ask for final approval of settlement in UMG download case
March 8, 2016 – Firm clients Rick James, Dave Mason, David Coverdale and others petitioned today for final approval of the settlement struck in the Universal Music Group digital download class action. That settlement provides for an $11.5 million fund to settle claims over the amount of royalties paid for the digital download of recorded music. It also provides for an across-the-board 10% increase in the royalty rate paid on those downloads in perpetuity and locks in certain other additional benefits in the calculation of that rate. Almost 1,700 royalty participants – consisting of recording artists, music producers and others – will participate in the settlement and receive both past and future relief as a result. A hearing on the clients’ motion for final approval is scheduled for April 13th.