AEG Sues Young Thug for $5 Million Over Tour Deal and Song Rights Dispute

AEG Sues Young Thug for $5 Million Over Tour Deal and Song Rights Dispute

By Marcus Hartley

November 24, 2024 at 06:00 PM

AEG has filed a $5 million lawsuit against Grammy-winning rapper Young Thug, stemming from a 2017 touring agreement breach and controversial song copyright sales.

Young Thug wearing sunglasses and jewelry

Young Thug wearing sunglasses and jewelry

The lawsuit claims Young Thug failed to repay a $5.3 million advance from AEG and violated their exclusive touring agreement by performing unauthorized shows. AEG seeks to recover the debt through rights to Thug's music catalog, which served as collateral.

In 2021, Young Thug allegedly sold over 400 copyrighted songs for $16 million to an unnamed buyer, despite the ongoing lawsuit. AEG considers this potentially fraudulent and has issued subpoenas to 15 entities connected to the sale.

The case was temporarily halted due to Young Thug's criminal proceedings involving YSL gang-related charges. Following his recent plea deal and probation sentence, AEG has resumed pursuing the lawsuit.

AEG maintains that failed private negotiations necessitated legal action. Young Thug's legal team argues the copyright sale was legitimate, requesting additional time to address allegations following his release from prison.

Key Points:

  • AEG advanced $5.3 million to Young Thug under an exclusive touring agreement
  • Young Thug allegedly sold 400+ songs for $16 million during the lawsuit
  • The case resumed after Young Thug's criminal case concluded
  • Both parties have yet to reach a settlement
  • The outcome could affect Young Thug's finances and creative control

If unresolved, the case may proceed to trial, potentially impacting Young Thug's financial future and control over his music catalog while setting precedents for similar entertainment industry disputes.

Related Articles

Previous Articles