In the lawsuit, the Reids and their attorney are said to argue that WMG has refused to terminate its copyright ownership of the band's early work, including their 1985 debut album Psychocandy. The Reids are asking WMG for at least $2.5 million in damages, and refer to Section 203 of the Copyright Act of 1976 in their lawsuit.
I remember an interview with Jim in the late 1990s where he said the if you threw a brick into a Warner building, there'd be no risk of hitting someone who cares for music.
