Sony Music Faces Class Action Litigation

The estate of Rick Nelson is leading a class action lawsuit against Sony Music, Variety reports. The suit was filed on Tuesday in the U.S. District Court in Manhattan and alleges that Sony improperly withholds a portion of royalties from international streaming revenues. Sony assesses an intercompany charge of up to 68 percent on the foreign royalties before distributing funds to the artists. The suit seeks to add similarly structured Sony artists who are entitled to these revenues.