Reply To: The Smashing Pumpkins file lawsuit against Virgin Records
On 2008.03.25 at 6:54 pm Arthur wrote:
The Pumpkins are demanding, as the suit states, \"a full and complete accounting of all funds received by Virgin pursuant to the Pepsi promotion\" and the band is \"entitled to an award of punitive damages against Virgin in an amount according to proof.\" The suit maintains that \"Virgin’s action, unless and until enjoined and restrained by order of this Court, will cause great and irreparable injury to Plaintiff, as it continues to falsely attribute Plaintiff’s sponsorship and/or affiliation with the promotion, and continues to provide Plaintiff’s musical works at a price below the market value of the works, thereby damaging Plaintiff’s reputation and reducing the market value of Plaintiff’s musical works.\"
Says Billy Corgan: \"’It’s a frustrating situation honestly, to be treated so poorly by a label where we had so much success. Recently, they have ignored our pleas to give our fans special editions of our old albums, telling us they weren’t interested. So there is a tremendous amount of hypocrisy involved with them turning around and using us like this.\" \"It’s another desperate attempt,\" says Jimmy Chamberlin, \"by an anachronistic business to generate revenue however they can, legal or illegal. They have neither the wisdom to accept their irrelevance, nor the intelligence to do something about it.\" He adds: \"Just goes to show that they will do about anything for money. Seems they have long forgotten how to actually ‘work’ for a dollar.\"
The Pumpkins, who last year released the gold-certified Zeitgeist album on Martha’s Music/Reprise, are currently on tour in Australia. The band has created one of the most acclaimed bodies of work in music history. Formed in Chicago in 1988, they released Gish, their influential (and platinum) debut in 1991, which was followed by more platinum and multi-platinum albums including the nine-times platinum Mellon Collie And The Infinite Sadness and the four-times platinum Siamese Dream. The pivotal group’s many hits include \"Disarm,\" \"Today,\" \"Cherub Rock,\" \"1979,\" \"Tonight, Tonight\" and \"Bullet With Butterfly Wings\"-songs that defined the alternative music era and continue to resonate on modern rock radio, influencing a whole new generation.