Eminem's gonna get paid!
A federal appeals court has found that Eminem's former production company F.B.T Productions LLC is entitled to royalties by Universal Music Group (UMG) for music downloaded over iTunes or sold as cellphone ringtones.
Last year, a federal jury ruled against F.B.T., however, the appeals court ruled on Friday that the contracts between UMG and F.B.T. "unambiguously applies to permanent downloads and master-tones," which entitles Eminem and his producers to a 50-50 split for recordings licensed to iTunes and other digital distributors.
This ruling could potentially affect how record labels and artists make financial deals in the future. Very inneresting!
[Image via WENN.]
Tags: appeals, fbt productions, itunes, royalties, universal music group