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DEFUNCT RECORD COMPANY STICKS ONE ON SONY
The now defunct Cleveland International Records has just beaten Sony in a legal case revolving round Bat Out of Hell. In a bid to settle a royalties dispute, Sony had promised to feature the label's logo on Bat Out of Hell (as well as writing a USD6.7million cheque); a year later, the logo hadn't appeared. Sony claimed it was a cock-up rather than a planned slight, but the courts have ordered them to pay the legacy companies USD5 million to make up.
Sony says it will appeal. Bet it won't take them a year to get round to doing that.
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