Friday, March 26, 2004

ME AGAINST THE MUSIC: You can't fault her ability to sniff out a bandwagon and clamber aboard - Madnna is joining the growing ebb of pop stars going to court, as her vanity label sues its parents. Maverick claims that Warner Music has shafted it, "engaging in acts of self-dealing and profit-taking." Maverick believes it's contributed GBP55 million in profits to Warner's bottom line, while Warners hasn't kept to its side of the deal in providing services like marketing and promotion. Warner has a forty per cent stake in the label, but is going to have to tread carefully round this one as Madonna is signed directly to them. Which could make things interesting.


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