Boy band 'N Sync and its brand spanking new label, Jive Records, have been
slammed with a $150 million lawsuit filed Tuesday morning by former 'N Sync
guru Louis J. Pearlman, his management team Trans Continental Media, Trans
Continental Records, and BMG Entertainment, owner of 'N Sync's spurned
label, RCA Records.
The lawsuit (filed in federal court in Orlando, Florida) also targets Jive
Records' owner Zomba Recording and cites, among many alleged legal
wrongdoings, breach of contract. One of Pearlman's lawyers told MTV News on
Tuesday afternoon that the suit also "seeks to obtain a court order to
prevent 'N Sync from existing" unless the group honors its management
contract with Trans Continental Media and its recording contract with RCA.
As we reported earlier this month, 'N Sync announced that it was jumping
from RCA Records and that Jive would release the group's next album in
early
2000 (see "'N Sync Jumps To Jive Records; New Album Delayed").
A spokeswoman for Jive Records told MTV News, "We have not been served with
any papers from BMG or Trans Continental Records."
Last week, the Backstreet Boys also took a swing at Jive, charging that
label with breach of contract and claiming that they were no longer on the
label (see "Backstreet Boys Shopping For New Record Label").
'N Sync's manager, Johnny Wright, was not available for comment as of press
time.
