Tag: streaming revenue

Enrique Iglesias sues label over streaming revenue

MIAMI, United States (AFP) — Pop star Enrique Iglesias on Wednesday accused his former label Universal of short-changing artists while benefiting from the soaring growth of streaming as he filed a lawsuit for breach of contract. “Universal has been systematically underpaying Iglesias’ streaming royalties by calculating those royalties at a small fraction of the contractually required 50 percent royalty rate,” said the lawsuit filed in Miami, where Iglesias lives. The lawsuit alleged that the 42-year-old […]