Sony ordered to pay $5M in logo dispute
Sony Music must pay the founder of a small record company $5 million for failing to put his company’s logo on reissues of Meat Loaf’s “Bat Out of Hell” album, a federal appeals court ruled. Steve Popovich, 65, who started Cleveland International Records in 1977 and soon afterward signed the chubby singer named Marvin Lee Aday, persuaded Epic Records to release the wildly successful album. Epic was owned at the time by CBS. Sony, which bought out CBS Records, paid $6.7 million to Popovich and his former partners in 1998 to settle a lawsuit over royalties from the album. The… Read more »