R. Kelly is about to have a 6-figure verify for royalties seized as a part of prosecutors’ try to gather on cash owed to his victims, RadarOnline.com has realized.
In accordance with courtroom paperwork obtained by RadarOnline.com, a rep for Common Music Publishing has knowledgeable the courtroom of how a lot cash it has in its possession owed to Kelly.
As we first reported, as a part of his sentence in his New York prison case, Kelly was ordered to pay $500k to his victims. Thus far, a complete of $27k has been collected from Kelly.
Just lately, the federal government fired off authorized letters to Kelly’s report label and writer in an effort to find further funds. The disgraced singer is presently locked up in a North Carolina jail.
A rep for Common stated the quantity of future funds is unknown as a result of it’ll rely upon the extent to which [Kelly’s] musical compositions are bought, downloaded, synchronized or in any other case exploited throughout future royalty accounting intervals.”
The rep stated royalties are accounted on a semi-annual foundation. Royalties owed for January 1 to June 30 are as a result of be paid on or earlier than September 30, 2023. Any royalties earned from July 2023 to December 2023 shall be paid out in March 2024.