As reported by Law 360, Florida’s A Day To Remember has won a $4 million verdict against Victory Records. In the initial suit, the band filed claims for back due royalties and requested declarative relief that they had completed their five album deal with the label. Victory countered that the band actually owed them money, and that the five album deal was not yet complete, as some of the albums released under the deal were re-issues and live recordings, and not completely original albums.
Well, following two weeks of deliberations, an eight person jury found in favor of A Day To Remember. The jury found that the label withheld royalties from the band, that the band owned their song compositions, and that their five album deal was complete, considering the release of live recoridngs. The jury did find that Victory owned the sound recordings stemming from the original deal. Following that, the jury assessed damages in favor of the band in the amount of four million dollars. Victory has not released a statement, though, an appeal may be imminent.
Following a two-week trial, yesterday a federal jury in Illinois ultimately sided with Florida band A Day To Remember in their record contract dispute with Victory Records. According to a report at Law360, the jury found that ADTR had fulfilled their 2006 recording contract with the label and awarded the band $4 million in “withheld proceeds from music and merchandise sales.”
Neither band nor label has commented on the verdict, though we suspect that an appeal will be forthcoming.
The five-year legal tug of war officially commenced in 2011 when A Day To Remember filed a lawsuitagainst Victory for breach of contract.
A Day To Remember commented:
“As many of you know, more than 5 years ago we filed a lawsuit against Victory Records seeking freedom and resolution on several issues we had with them. For the past 2 weeks we have been in court arguing our case. Yesterday, the jury came back with a unanimous verdict in the trial granting us that freedom and resolution. Thank you to the fan base for supporting us through this difficult time, we couldn’t have done this without you. This isn’t just a victory for us but also a victory for every band wronged over the years. Right doesn’t always win, but yesterday it did.” – ADTR