Spinal Tap Reunite to Sue Record Label for $400 Million
The plaintiffs state they’re entitled to 50 percent of the songwriting royalties plus a five percent performer royalty and three percent producer royalty based on their original contract. Reiner, Shearer, Guest and McKean are equal partners in Spinal Tap Productions and are entitled to 40 percent of net receipts from the film and its associated merchandise.
Reiner writes in a statement, “What makes this case so egregious is the prolonged and deliberate concealment of profit and the purposeful manipulation of revenue allocation between various Vivendi subsidiaries to the detriment of the creative talent behind the band and film. Such anti-competitive practices need to be exposed.
“I am hoping this lawsuit goes to 11.”