REPORT: Fred Durst, Limp Bizkit Accuse Universal Music For Robbing Them Of Over $200 Million

Fred Durst and Limp Bizkit are reportedly suing music giant Universal Music Group for upwards of $200 million.

The famous rockstars alleged that UMG failed to pay them millions of dollars for royalties and profits they claimed they were owed, according to TMZ.  The outlet reported Monday that the famous singers filed a new lawsuit alleging they were not paid their fair share of royalties despite generating over 3 billion streams in the past two years alone. The artists claimed UMG had no intentions of ever paying out their royalties and said they believe many other artists may also be missing out on their streaming money, according to TMZ.

MONTERREY, MEXICO – NOVEMBER 30: Fread Durst, singer of Limp Bizkit band, performs during a concert as a part of Machaca Fest 2024 at Paqrque Fundidora on November 30, 2024 in Monterrey, Mexico. (Photo by Medios y Media/Getty Images)

Durst and Limp Bizkit alleged that UMG designed and implemented royalty software systems that deliberately concealed the royalties earned by the artists, in an intentional attempt to keep their money, according to TMZ.

NEW YORK, NEW YORK – MAY 13: Wes Borland and Fred Durst of Limp Bizkit perform at Madison Square Garden on May 13, 2022 in New York City. (Photo by Theo Wargo/Getty Images)

Durst and his band, Staind, claimed they had issues with the record deal they entered into when they first signed with UMG when they first emerged in the music scene in the 1990s. Durst cited agreements he had with record executives that broke down to a 50/50 profit split on specific musical ventures, and claimed he never did collect on what he was owed. The rocker also claimed he was promised 10% of profits from Staind after he discovered the band and signed them to a label that fell under the UMG umbrella. His lawsuit claimed the payments made toward that deal stopped abruptly in 2012, according to TMZ. (RELATED: Filmmaker Buck Woodall Sues Walt Disney For What Appears To Be Largest Ever Lawsuit For Company)

Durst and Limp Bizkit estimate they “easily” could be owed over $200 million, and are also seeking damages as part of their litigation, according to TMZ.