It’s hard to figure out, but lawyers for Marc George Gershwin and other tangential descendants of the great composer – who died childless in 1937 – are saying the music biz has bilked them of at least $15 million.
Here’s a sample claim:
With respect to reported rentals of Concerto in F in Italy during 2003, the royalty review revealed that the Defendants permitted and/or authorized… the following: excessive and unnecessary chain of fees and commissions. First, on the $1,903.27 of gross revenue actually paid for the rentals by the end user, a 35% commission was taken by Ricordi Music Publishing SPA, the local rental third-party sub-agent in the territory of Italy, before it remitted the net revenue to Warner/Chappell Italy, the Defendants’ affiliated entity in Italy….
Gimme a break.