StockNews.AI
AMZN
StockNews.AI
166 days

Marc Mysterio Sues Amazon Music For “Millions” Alleging Tortious Market Manipulation/Interference via “Shadow-Ban” and Unpaid Royalties

1. Marc Mysterio is suing Amazon for unpaid streaming royalties. 2. 80 million streams on Amazon Music led to chart appearances. 3. Fans faced streaming errors due to alleged 'shadow-banning'. 4. Attorney claims losses could reach millions before trial. 5. Lawsuit highlights concerns about music business manipulation.

Lawsuit
-4.4%Current Return
VS
-1.32%S&P 500
$208.3603/06 07:45 AM EDTEvent Start
$199.1903/07 02:16 PM EDTLatest Updated
6m saved
Insight
Article

FAQ

Why Bearish?

The lawsuit against Amazon could lead to increased reputational risks and financial liabilities. Historical cases involving similar lawsuits have often resulted in settlements that impact stock prices negatively in the short term.

How important is it?

This lawsuit could serve as a precedent affecting Amazon's music service operations and profitability, influencing investor sentiment. The ongoing nature of digital rights and royalties is a critical issue in the music industry today.

Why Short Term?

The immediate fallout from the lawsuit, particularly if it gains media traction, could result in short-term negativity for Amazon's stock price. Past incidents show that legal challenges can affect stock prices during critical periods of litigation.

Related Companies

AAPLTSLANFLX
NEW YORK, March 06, 2025 (GLOBE NEWSWIRE) -- Marc Mysterio is an award-winning musician and multi-faceted celebrity who was tapped by IBA Boxing to compete for its vacant championship vs. Jake Paul and collaborated with a who’s-who–according to Billboard–including: Flo Rida, Crash Test Dummies, David Guetta, Avicii, Samantha Fox, and Netflix’ Trailer Park Boys. As a philanthropist, Marc has supported the One Fund Boston in support of terrorist victims(marathon), and WBC Cares, the charity arm of WBC Boxing. As a celebrity, he’s covered by: TMZ, Billboard, BBC, ESPN, Irish Star, CBS, Daily Mail (UK), Fox News, and followed on X by NY Post Page 6 and Radar Online. From September 1st 2023-August 31st, 2024, Marc received 80,000,000+ streams on Amazon Music resulting in US Billboard and Amazon’s Top-Songs Chart appearances. However, now Marc is suing Amazon and Distrokid alleging that he wasn’t properly compensated for these streams and Fans have been receiving a “streaming error” since September 10th, 2024 when attempting to stream his music and/or request it via Alexa due to “Shadow-Ban”. Shadow-Banning is the practice of blocking/partially blocking live content so that the ban is not readily apparent to the artist. "We filed this lawsuit to make sure that Marc Mysterio gets the fruits of his labor as one of the top performers on Amazon Music in 2024. DistroKid was paid to distribute Marc’s music and remit 100% of royalties received, whilst Amazon charged Marc’s Fans to stream his music. Defendants need to account royalties due, as well as future losses proximated from the shadow-ban. Frankly, our evidence shows that these losses are already in the ‘millions’ and will increase by trial date.” notes Marc’s Attorney, Michael H. Joseph. Marc Mysterio posted screenshot evidence in support of his claims to his X Account @marc_mysterio directly from his Amazon Music Artists’ Account, for media, including: 1,250,000+ fans/followers, 80,000,000+ streams 15,000,000 unique listeners in 2024, 45,000 Alexa requests in August, Amazon and Billboard Chartings, ESPN First Take Re-Tweet, IBA letter sanctioning a potential Jake Paul title-bout with email from Nakisa Bidarian (Paul’s manager), Video from Bubbles of Trailer Park Boys(Netflix), IFPI Awards and an updated career-bio from Grok. "Shadow-banning successful artists is an unfair tactic and it allows Amazon, by throttling streams of a song, to interfere with Amazon/Billboard Charts thereby tortiously manipulating the music-business at the expense of creators–IT MUST END!" Attorney Joseph concludes. Marc Mysterio Requests:music@veritaseditions.netx.com/marc_mysterio Press-Photo:https://www.dropbox.com/scl/fi/azq61qdhe3rm9rfsnsmyg/Marc-Mysterio.jpg?rlkey=26mng6mkcs8ffrkrap5hp0wqv&e=1&dl=0 Press-Mentions:https://www.tmz.com/people/marc-mysterio/https://radaronline.com/exclusives/2013/06/brandy-flo-rida-dj-sued-brags-spending-settlement-teams-up-ex/https://www.billboard.com/music/chart-beat/travis-kelce-jason-kelce-billboard-charts-debut-1235502120/https://edm.com/news/billboard-electronic-music-producer-marc-mysterio-challenges-jake-paul-boxing-title-fight https://www.the-express.com/sport/boxing/124448/jake-paul-st-patricks-day-fight-irish https://www.irishstar.com/sport/boxing/jake-paul-challenged-st-patricks-31897522 https://www.imdb.com/title/tt9814900/faq/https://ifpi.at/auszeichnungen/trailerpark-boys-mark-mysterio-bubbles-liquor-whores-single-gold/ http://cbsnews.com/news/brandy-sued-by-dj-for-6-million-says-report/ Photo available: https://www.globenewswire.com/NewsRoom/AttachmentNg/773c7f94-12ed-4066-8d64-30ead65b46fb Video available: https://www.globenewswire.com/NewsRoom/AttachmentNg/f83b1f8f-856a-4573-a237-67a55e6d160b Amazon Music Streaming and Listener Data Screeshots from Amazon Music for Artists Account of Marc Mysterio: http://ml-eu.globenewswire.com/Resource/Download/7b94da6f-fa3a-4ac8-87e6-8b6ce9204054 Marc Mysterio Marc Mysterio Press Photo Trailer Park Boys and Bubbles on working with Marc Mysterio Trailer Park Boys and Bubbles on working with Marc Mysterio in the music studio!

Related News