Beastie Boys Win $1.7M in Monster Energy Case

They sued the drink maker for copyright infringement

   

Beastie Boys Win $1.7M in Monster Energy Case

Hip-hop group the Beastie Boys were handed a legal victory against Monster Beverage (MNST) on Thursday,

MonsterEnergy185 Beastie Boys Win $1.7M in Monster Energy CaseThe Beastie Boys sued Monster over a promotional video posted online that included a Beastie Boys song. Adam Horovitz, one of the Beastie Boys, testified during the trial that the group never licensed the rights to its music for commercial promotions. Monster conceded during the trial that it had not obtained permission to use the song in the video, the Associated Press noted.

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After an eight-day trial, the jury returned a verdict in favor of the Beastie Boys, awarding them $1.7 million in damages.

During the trial, the Beastie Boys had requested damages of $2 million for the copyright infringement. Monster had argued that the Beastie Boys should only get $125,000.

Earlier this year, Monster faced scrutiny over the way it markets its high-caffeine energy drinksNew York state’s attorney general and the city attorney of San Francisco both launched investigations into whether Monster was marketing the drinks to children. Monster has denied marketing its drinks to children.

Despite the verdict, shares of MNST gained modestly in Friday morning trading.


Article printed from InvestorPlace Media, http://investorplace.com/2014/06/beastie-boys-win-1-7m-monster-energy-case/.

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