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Backstreet Boys Sue Zomba Seeking $100 Million
The Backstreet Boys say they are the victim of boardroom politics and are fighting back with a $100 million lawsuit against their record label. They have sued Zomba Music Group, saying the record label effectively barred the group from recording a new album because of a preoccupation with a now-completed merger with German media giant Bertelsmann AG. A lawyer for the boy band, one of Zomba’s biggest acts, said on Tuesday the group was seeking $75 million for violation of trademark, $5 million for a lost advance and at least $20 million in punitive damages in the lawsuit filed in… Read more »