A judge has dismissed a class action lawsuit against Universal Music Group (UMG) originally brought by several artists and estates over a 2008 vault fire.
Bands Soundgarden and Hole, singer-songwriter Steve Earle and the estates of Tom Petty and Tupac Shakur filed a lawsuit demanding damages in excess of 100 million US dollars, about £82 million.
It had been alleged “priceless” recordings were destroyed in the Hollywood blaze, first reported by the New York Times. Artists alleged UMG was in breach of contract after not sharing a settlement it reached with insurers and accused the record company of not doing enough to prevent the fire.
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