Litigation over the Universal Studios fire that reportedly destroyed up to 500,000 master recordings could be filed on behalf of affected artists as early as next week, according to attorney Howard King of the Los Angeles-based firm King, Holmes, Paterno & Soriano.
Up to 500,000 master recordings likely representing hundreds of prominent artists were destroyed by the blaze.could be filed on behalf of affected artists as early as next week, according to attorneyof the Los Angeles-based firm King, Holmes, Paterno & Soriano. The pending lawsuits were first reported by the“We’re confident we can have all of the plaintiffs lined up by next week, and we have the fantasy that we could actually get it on file next week,” King told.
King declined to name specific artists who have reached out to his firm regarding possible representation, stating only that they include a mix of existing and new clients. Despite the large number of artists affected, he said he will not be filing a class action suit due to the excessive amount of potential damages involved.
“I mean, nobody can question what they did in this litigation and what they said,” said King. “They certainly said that they had suffered a devastating loss as a result of the fire, and that included the destruction of these irreplaceable master recordings.” “To my knowledge, Universal Music didn’t share any of that money with the artists who were affected,” said King. “And even worse, never notified anybody that their masters were gone.”
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