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Barry Manilow Sues Hipgnosis for $1.5 Million in Bonus Dispute
Barry Manilow sues Hipgnosis for $1.5 million in a dispute over bonuses. The lawsuit follows one filed by Hipgnosis in London earlier this month.
Barry Manilow is suing Hipgnosis Songs Fund (HSF) in federal court in California seeking $1.5 million in unpaid bonuses related to the music rights company’s acquisition of his catalog four years ago. The suit by the “Mandy” singer, along with his management company Hastings, Clayton & Tucker Inc, or Stilletto Entertainment, follows a similar lawsuit HSF filed earlier this month in London alleging breach of contract relating to the bonus payments. Before Blackstone’s $1.6 billion acquisition of HSF and its prized portfolio that includes songs by Shakira, Red Hot Chilli Peppers’, Manilow and others, shareholders of the publicly listed music royalty trust had revolted over, among other things, the late disclosure of some $40 million in unpaid bonus checks owed to artists.
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