Get All Access for $5/mo

To Settle Beastie Boys Suit, GoldieBlox Must Cough Up $1 Million As the result of another copyright suit waged by the Beastie Boys against Monster Energy, new details in the band's settlement with toymaker GoldieBlox have emerged.

By Geoff Weiss

Opinions expressed by Entrepreneur contributors are their own.

New details have emerged in a case settled by GoldieBlox and the Beastie Boys, in which the toy company was alleged to have illegally used the band's track "Girls" in a viral YouTube video.

As the result of a separate and ongoing copyright suit between the Beastie Boys and Monster Energy, court documents revealed that GoldieBlox "agreed to make annual payments of 1 percent of its gross revenue, until the total payments reached $1 million, to a charitable organization."

As reported, that charity was to be selected by the Beastie Boys in the fields of science, technology, engineering or mathematics.

In return, GoldieBlox was granted "a retroactive license to use the musical composition…between November 18, 2013 and November 28, 2013," court papers declare.

Related: Prince Targets His Biggest Fans in New Copyright Suit

When the scuffle broke out last November, GoldieBlox wrote in an open letter to the Beastie Boys, "Our hearts sank last week when your lawyers called us with threats that we took very seriously…We want to be your friends."

"As creative as it is," the Beastie Boys responded to GoldieBlox in an open letter of their own, "make no mistake, your video is an advertisement that is designed to sell a product." And because it was used for promotional purposes, it went against the wishes of founding Beastie Boy member Adam Yauch.

Yauch, who died of cancer in 2012, stated in his will that the Beastie Boy's image and music should never be licensed for advertising purposes.

The track was subsequently replaced in the offending video, which had garnered 7 million views in the span of a week.

Related: The Budweiser Clydesdales Have Some Ad Competition From a Girl Inventor Named Goldie

Geoff Weiss

Former Staff Writer

Geoff Weiss is a former staff writer at Entrepreneur.com.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Branding

ChatGPT is Becoming More Human-Like. Here's How The Tool is Getting Smarter at Replicating Your Voice, Brand and Personality.

AI can be instrumental in building your brand and boosting awareness, but the right approach is critical. A custom GPT delivers tailored collateral based on your ethos, personality and unique positioning factors.

Growing a Business

He Immigrated to the U.S. and Got a Job at McDonald's — Then His Aversion to Being 'Too Comfortable' Led to a Fast-Growing Company That's Hard to Miss

Voyo Popovic launched his moving and storage company in 2018 — and he's been innovating in the industry ever since.

Business News

Is the AI Industry Consolidating? Hugging Face CEO Says More AI Entrepreneurs Are Looking to Be Acquired

Clément Delangue, the CEO of Hugging Face, a $4.5 billion startup, says he gets at least 10 acquisition requests a week and it's "increased quite a lot."

Business News

You Can Now Apply to Renew Your U.S. Passport Online — But There's a Catch

The U.S. State Department officially launched the beta program this week.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Apple Reportedly Isn't Paying OpenAI to Use ChatGPT in iPhones

The next big iPhone update brings ChatGPT directly to Apple devices.