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Monday 5 February 2018

Enrique Iglesias To Sue Universal Over Lost Royalties

Whilst I was on YouTube.com's website the other day and I was listening to Shakira ft. Maluma "Chantaje" it popped up "Enrique Iglesias-EL BANO" Recommended For You NEW! so naturally I was curious to know what this sounded like and if you haven't heard this yet and are just wishing you were somewhere else in this dreary weather this will definitely do the trick as this sounds sooooo holiday-e and will be definitely one you'll want to get up and dance along to.

Here is the link to listen to this on YouTube, I may sound an old fuddy duddy when I say this but I warn you I'd definitely have to maybe give a PG to this music video as its quite rude:

https://www.youtube.com/watch?v=gu9_m0vm7fM

If you want to have a little listen to any tunes that will give you holiday vibes you definitely have to have a listen to these:

Shakira ft. Maluma- Chantaje:

https://www.youtube.com/watch?v=6Mgqbai3fKo

Ricky Martin ft. Maluma- Vente Pa'Ca

https://www.youtube.com/watch?v=iOe6dI2JhgU

Maluma- Felices los 4:

 https://www.youtube.com/watch?v=t_jHrUE5IOk

Shakira- Me Enamore:

https://www.youtube.com/watch?v=sPTn0QEhxds

Yes that is an appearance of Barcelona and her boyfriend Gerrard Pique at the end of this video, and another Shakira song from her NEW! album El Dorado "Perro Fiel ft. Nicky Jam":

https://www.youtube.com/watch?v=SHq2qrFUlGY

Anyhew...as soon as I saw this NEW! Music Video on Youtube's website I saw on the internet this story on The Guardian's website about how Enrique Inglesias is suing Universal for lost royalties.

According to theguardian.com Enrique Inglesias is suing Universal Music Group for "systematically underpaying" his streaming royalties.

According to this same website Enrique Inglesias is alleging in papers that were filed in a Miami federal court he only received a small fraction of his 50% royalty rate for streaming from Universal Music Group resulting in multimillion dollar losses.

James Sammataro in a statement to Billboard.com said that:

"Despite this record-breaking success, Universal has wrongly insisted artists like Enrique be paid for streams in the same manner as they are paid for physical records despite the fact none of the attendant costs (production, distribution, inventory, losses) actually exist in the digital world".

Enrique Inglesias and his lawyer go on to say in these papers according to theguardian.com that in Enrique Iglesias's original 1999 contract with Universal Music Group this indicated that download digital sales would be paid same royalty rate as for physical albums at 50%  Universal Music Group's net receipt's and that "...for any type of  use not specifically covered..." the royalty rate would remain the same.

But when also according to theguardian.com Enrique Iglesias resigned with Universal Music Group in 2010 his deal included 2 additional albums though didn't specifically mention streaming, but according to these papers "...this was not an oversight..." and these papers go on to claim that:

"...until approximately 2016, Interscope properly recognised and credited Iglesias royalties at 50%. However, Iglesias's streaming royalties were then lowered, in line with a label directive hence the lawsuit, which requests a proper accounting of Iglesias's royalties royalties, access to Universal Music Group's books and damages..."

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