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Rohan Kohli 03/08/06 02:29 PM

HitsDailyDouble Sure Is Awesome
 
From HitsDailyDouble: Victory Records has asked for a summary judgment against former distributor Koch Entertainment, seeking an outstanding balance of $51,246.40, attorney's fees of $25,690 and an additional amount of $257,817.29 Canadian in unaccounted inventory for a total of $300k in a New York Supreme Court motion filed yesterday. The suit claims "Koch's failure to meet its payment obligations is a breach of the contract." Koch distributed Victory product in Canada from 1998-2001, and the agreement was then extended to June 2005. Victory is now distributed north of the border by Universal Music Canada. Victory head Tony Brummel has already racked up another $1.75 in angry e-mails since the suit was filed.

anthony_jr 03/08/06 02:38 PM

oh, what i could do with all that money.

DSCN1854 03/08/06 02:53 PM

Quote:

Originally Posted by anthony_jr
oh, what i could do with all that money.


What Tony Brummel does with that money: he spends it on pushing Hawthorne Heights and Aiden into mainstream success while ignoring the other bands on Victory Records.

Wheez 03/08/06 02:58 PM

He just wants the money he WOULD have made had Hawthorne Heights been number one.

CLoach 03/08/06 03:10 PM

if someone owes you $50grand you would want it too

Wheez 03/08/06 03:43 PM

Side note: anybody happen to know what Victory is worth these days?

hollywoodending 03/08/06 03:53 PM

spitalfield deserves this money.

GoodbyeBlueSky 03/08/06 04:31 PM

He should really stop investing money into Aiden.

FatJordan 03/08/06 05:08 PM

Hahaha, that last line was amazing.

THINK OF ALL THE TV TIME THEY CAN BUY NOW!!

...my bad.

weezer283 03/08/06 05:08 PM

Quote:

Originally Posted by hollywoodending
spitalfield deserves this money.

haha ya they should into promotion wise

shtjames 03/08/06 05:12 PM

Quote:

Originally Posted by DSCN1854
What Tony Brummel does with that money: he spends it on pushing Hawthorne Heights and Aiden into mainstream success while ignoring the other bands on Victory Records.


too bad all that promotional money is recoupable out of their royalties

Shatter590 03/08/06 08:56 PM

that sucks

KOCH is a wonderful distributor.

eatmeplz 03/09/06 12:25 AM

He's going to need this money for the suit he will have against himself soon in response to the "ne yo" incident.