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HitsDailyDouble Sure Is Awesome

Posted by: Rohan Kohli (03/08/06)
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.
    
 
Displaying posts 1 - 13 of 13
01:38 PM on 03/08/06
#2
anthony_jr
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oh, what i could do with all that money.
01:53 PM on 03/08/06
#3
DSCN1854
...,,,...
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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.
01:58 PM on 03/08/06
#4
Wheez
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He just wants the money he WOULD have made had Hawthorne Heights been number one.
02:10 PM on 03/08/06
#5
CLoach
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if someone owes you $50grand you would want it too
02:43 PM on 03/08/06
#6
Wheez
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Side note: anybody happen to know what Victory is worth these days?
02:53 PM on 03/08/06
#7
hollywoodending
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spitalfield deserves this money.
03:31 PM on 03/08/06
#8
GoodbyeBlueSky
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He should really stop investing money into Aiden.
04:08 PM on 03/08/06
#9
FatJordan
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Hahaha, that last line was amazing.

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

...my bad.
04:08 PM on 03/08/06
weezer283
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Originally Posted by hollywoodending
spitalfield deserves this money.
haha ya they should into promotion wise
04:12 PM on 03/08/06
shtjames
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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
07:56 PM on 03/08/06
Shatter590
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that sucks

KOCH is a wonderful distributor.
11:25 PM on 03/08/06
eatmeplz
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He's going to need this money for the suit he will have against himself soon in response to the "ne yo" incident.
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