Industry Jul 9, 2026
Lit Settles Sony Lawsuit Over 1998 ‘Streaming’ Clause
The rock group said it was promised a 50% cut of streaming at a time when digital music was still in its infancy.
Originally published by
Billboard
The rock group Lit has resolved a lawsuit against Sony concerning a "streaming" clause from 1998. The band asserted that they were initially guaranteed a 50% share of revenue from streaming, a digital music model that was in its nascent stages at the time the agreement was made.
Originally reported by Billboard.