July 17, 2003 |
New York police are investigating a burglary discovered at the offices of independent music label TVT Records. Sources close to the matter said three personal laptop computers belonging to label chief Steve Gottlieb were taken. Other property from the label's headquarters, including stereo equipment and additional office computers, was untouched, sources said. TVT, which releases albums by such acts as Default and Sevendust, declined to comment. Jeff Leeds
May 24, 2003 |
A federal judge refused to set aside a $132-million verdict levied against Vivendi Universal's Island Def Jam record label, saying a jury's findings established the company's "dishonest or disingenuous intention" to back out of a deal it had reached with a smaller label. Def Jam and its chairman, Lyor Cohen, had asked U.S. District Judge Victor Marrero in New York to rule that independent TVT Records failed to present sufficient evidence to support an award of damages in the case.
April 27, 2003 |
Lyor Cohen and Steve Gottlieb found themselves in uncomfortably close quarters last summer in the cabin of a seaplane on the way to the Hamptons from Manhattan. Cohen, chairman of Universal Music Group's Island Def Jam division, engaged in a bit of industry gossip with Gottlieb, owner of an independent label. Gottlieb, however, was eager to raise another topic: his plan to release an album featuring rap star Ja Rule, one of Cohen's marquee acts.
March 25, 2003 |
A federal jury in New York found powerhouse record label Island Def Jam and its chairman, Lyor Cohen, liable for fraud and copyright infringement in a dispute over a still-unreleased album that involves some of the rap world's biggest names. The eight-member panel sided unanimously with independent label TVT Records, which had accused Cohen and Def Jam of reneging on a deal that would have allowed TVT to release an album featuring rap sensation Ja Rule, now one of Def Jam's marquee stars.
June 20, 2001 |
TVT Records said a court has declared a mistrial in its copyright infringement suit against online music company MP3.com Inc., in which it was awarded a wrong amount of damages. In April, the federal judge who presided over the trial said he was considering what to do about an almost $300,000 copyright infringement verdict awarded against MP3.com after jurors told him their math was wrong and they had intended a figure of several million dollars. MP3.
January 25, 2001 |
Taking a small first step to appease the record industry and eradicate its legal troubles, Napster Inc. said Wednesday it had reached an out-of-court settlement with independent record label TVT Records. The agreement crosses off one of Napster's numerous litigants and provides a much-needed vote of confidence from the music world. Financial details of the settlement were not disclosed.