Record Labels, Music Publishing, Artists
Mr Justice Pumfrey has held that the Rolling Stones must settle their royalty dispute with Decca by way or arbitration. The band had been seeking to audit Decca’s books to force the label to pay out millions of pounds allegedly owed to the band. However the High Court hearing resulted in a ruling that under the terms of an agreement between the label and Mick Jagger, Keith Richards and Charlie Watts, disputes over royalty payments must be referred to arbitration rather than being dealt with by the court. The dispute arose out of royalties from the best selling compilation 40 Licks. The band were given leave to appeal.
SourceThe Times 13 November 2004