P.O.D. Suing INO Records
Mon, 04 Apr 2011 11:21:59
P.O.D. have filed suit against their record label, Tennessee-based INO Records, claiming that the company breached its contract by refusing to pay the band an advance for its next album.
Billboard reports that the suit states that INO was required under its deal with P.O.D. to provide a $400,000 advance in November, when the group informed the label that it was ready to start recording the follow-up to 2008's When Angels and Serpents Dance. According to the document, INO "materially breached" its agreement with P.O.D. by refusing to pay the option, claiming that P.O.D. had " 'abandoned' its obligations (to INO) under the agreement."
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