According to MSN.com, the family of reggae legend Bob Marley lost a lawsuit seeking ownership of his most famous tracks. Executives at UMG Recordings were declared the rightful owners of copyrights to five albums that Marley recorded between 1973 and 1977 for Island Records. It is a defeat for Rita Marley, widow of the iconic musician, and nine children, who had sought to recover millions of dollars in damages over UMG’s effort to “exploit” what they called “the quintessential Bob Marley sound recordings.” The Marley family accused UMG of intentionally withholding royalties from them and ignoring a 1995 agreement assigning them rights under the original recording agreements. The dispute arose over use of Marley’s music as ring tones on AT&T, Sprint and T-Mobile phones, court papers show. Marley’s royalties for “Catch a Fire,” “Natty Dread” and “Exodus” will go to UFM. Now, that’s a real tragedy.
Read more at MSN.