Friday, March 28, 2008

Smashing Pumpkin Smashes Music Label Financial Fairness

After filing a lawsuit claiming his former record label, Virgin, allowed Pepsi to use his band’s name in a promotion without permission, Smashing Pumpkins’ Billy Corgan has decided to speak out.
“I’m sure they indicated to Pepsi that they had a right to do this, full well knowing they do not have the right,” Corgan told Billboard.com, adding that the soda promotion “crosses the Rubicon. You’re going to see more of this playing fast and loose with the rules, hoping they don’t get caught. At face value, it’s not a huge deal. But in terms of precedent, it is, because there will be much more of this coming.”

Read the Rolling Stone interview

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