Lyfe Jennings Claims Sony Music Owes Him $15 Million

Lyfe Jennings

Lyfe Jennings Claims Sony Music Owes Him $15 Million

R&B artist Lyfe Jennings claims Sony Music legally stiffed him out $15 million.

During a recent podcast interview with BagFuel, the “Must Be Nice” artist explained how his contract with the music conglomerate held a clause that allowed them to “recoup half” of any money they spent on his music videos, adding:

“They also still own the video forever…Like they own one hundred in the video, money’s made all the video.”

Lyfe Jennings then claimed that instead of collecting just half, the label recovered the entire revenue from his video.

He further explained that he was given a “three-year-window” to audit the label and get what he was owed, but alleged this happened around the time “when all the dirt go on.”

“That’s when they kill you…when you finally realize, years later, when you might be having a couple of money problems and somebody put in your ear, ‘Yo, they weren’t supposed to do this and they owe you…’ ‘Cause Sony really owes me like about $15 million, bro.”

He added:

“So now they’ll be like, ‘Yeah, we made some calculation errors, but you didn’t catch it in three years, so we don’t owe you nothing.'”

Lyfe Jennings

According to Lyfe Jennings, he initially pursued a forensic audit to reclaim the money but gave up on the efforts because it was too costly.

“The reason why I didn’t do it is because look how these cats play and I respect it…When we put in to get all the paperwork, no bulls**t ,we got a FedEx truck with probably like 40 boxes in it.”

He continued:

“And if they owe me $15 million it makes financial sense that they can spend $5 million just making this s**t go on 80 years. But for me, I only got a certain budget, so I took out–what said in the beginning–I just accepted it, because it is what it is. I don’t got the money to fight them, [I’ll] be more careful next time.”

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