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« AC/DC On A Path To No. 1? | Main | Neil Young Returns to Arenas »

August
18
Jared Leto Fires Back at EMI, Airing A Bit Of Dirty Laundry

Jaredleto Jared Leto responded Monday to Virgin Records' $30 million lawsuit against his band 30 Seconds to Mars, invoking a labor clause that relates to actors that Courtney Love used when trying to separate Hole from the clutches of Universal Music Group.
Leto says a key reason the band has left EMI is the new regime and their pinkslipping of 2,000 employees.
"It is hardly the same company we have known," Leto wrote. "After more than five regime changes in nine years you'd think we would be used to the inconsistency, but the team that took the journey together for 'A Beautiful Lie' was a very very special group of people and it's a huge loss that so many of them are gone."
Saying 30 Seconds to Mars is not calling it quits, Leto noted "we are having one of the most inspiring, wonderful and exciting times that we've experienced to date."
He called the lawsuit amount "ridiculously oversized, totally unrealistic and pretty silly (but slightly clever)."
He writes:
"We had been signed to our record contract for 9 years. Basically, under California law, where we live and signed our deal, one cannot be bound to a contract for more than 7 years. This is widely known by all the record companies and has been for years. In fact, so aware of it are they that they desperately try to make deals outside of California whenever possible. It is a law that protects people from lengthy, unfair, career-spanning contracts. This law also gave us the legal right to explore other possible opportunities.
"Yes we have been sued by EMI. But NOT for failing to deliver music or for 'quitting'. We have been sued by the corporation quite simply because roughly 45 days ago we exercised our legal right to terminate our old, out of date contract, which, according to the law is null and void.
"We terminated for a number of reasons, which we won't go into here (we'd rather not air any dirty laundry) but basically our representatives could not get EMI to agree to make a fair and reasonable deal."
The rest of Leto's note follows.

A few things to note...
If you think the fact that we have sold in excess of 2 million records and have never been paid a penny is pretty unbelievable, well, so do we. And the fact that EMI informed us that not only aren't they going to pay us AT ALL but that we are still $1.4 million in debt to them is even crazier. That the next record we make will be used to pay off that old supposed debt just makes you start wondering what is going on. Shouldn't a record company be able to turn a profit from selling that many records? Or, at the very least, break even? We think so.
That, and other issues, like the new regime at EMI firing most of the people we know and love, wanting to place advertisements on our website, EMI owning 100 percent of the masters of our record ... forever, and basically having a revolving door of regimes at the company made it easy to not want to continue as is.
As the result of this takeover - and the firing of over 2,000 employees - we have lost many of the people that were near and dear to us at Virgin/EMI and crucial to the success of 30 Seconds to Mars.
FYI- Virgin/EMI was not required to make this lawsuit public or to list such an egregiously and stupendously large amount of mullah. In fact, they were not required to set any price even close to this. We did not want to take this public, but we felt it best to explain our point of view to you, our friends and fans, in hope that you can better understand our point of view.
We would always do our best to avoid a fight, but sometimes it's important to stand up for what you believe in. We hope that by doing what's right we can help to change things for the better, for ourselves and possibly others.
P.S. We will always remain grateful to the people at Virgin/EMI who were so integral to our success. And we hope that, above all, we can find a resolution to this in as civil and kind a way as possible.
There are certainly more important things out there in the world to spend time and energy on.
To be continued...

Posted at 04:19 PM in Lawsuits | Permalink

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About

The Set List is written and compiled by Variety associate editor Phil Gallo. Gallo, based in Los Angeles, writes about the music business for Daily Variety and reviews concerts, television shows and theater.

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