Why did a Day To Remember sue Victory Records?

Why did a Day To Remember sue Victory Records?

On November 26, 2016, A Day to Remember won the lawsuit against Victory Records. The band was given $4.02 million dollars and won three of the four issues they were suing Victory for fulfilling the bands contract, controlling the band’s publishing, and digital royalty withheld from the band.

Is Victory Records going out of business?

Victory Records as we’ve known it for the last 30 years is no more. Today, one of the largest independent rock labels is no longer independent. Founder Tony Brummel has sold the label and his publishing company, Another Victory to Concord Music Group, a massive company distributed by Universal Music Group.

What happened Victory Records?

Victory Records and Another Victory Publishing were acquired by Concord in 2019, after a historic 30 year run with close to 16 million albums sold and numerous platinum and gold albums and singles. Brummel started Victory in 1989 with less than $1,000.

How many records has a day to remember sold?

A DAY TO REMEMBER has sold more than 1.5 million units, racked up over 400 million Spotify streams and 500 million YouTube views, racked up two gold-selling albums, three gold-selling singles (and one silver album in the U.K.) and sold out entire continental tours, amassing a global fanbase whose members number in the …

When did day to remember win their lawsuit against Victory Records?

On November 26th, 2016, A Day to Remember won the lawsuit against Victory Records. The band was given 4.02 million dollars and won three of the four issues they were suing Victory for fulfilling the bands contract, controlling the band’s publishing, and digital royalty withheld from the band.

Why did Victory Records go out of business?

Over the years, multiple bands have cited grievances, conflicts, or filed lawsuits against the record label, while others have stayed with record label for years, or even came back to Victory after releasing albums on different labels. Former Victory band Thursday has had a conflict with the label, citing issues with royalties.

When did Concord Music buy out Victory Records?

In September 2019, years after buying part of the label’s catalogue, Concord Music agreed to acquire Victory Records and Another Victory for $30 million. The label has released six gold-certified albums by A Day to Remember, Hawthorne Heights, and Taking Back Sunday; and one platinum single (“If It Means a Lot to You” by A Day to Remember).

Are there any negative relations with Victory Records?

Victory Records has had some negative relations with artists signed to the label. Over the years, multiple bands have cited grievances, conflicts, or filed lawsuits against the record label, while others have stayed with record label for years, or even came back to Victory after releasing albums on different labels.

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