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Submission + - Record Company Imaginary Sales (tmz.com)

Master Moose writes: Boxing sensation Manny Pacquiao (who won his PPV bout with Antonio Margarito last weekend) has just been slapped with a $10 million lawsuit by RBM Group International in L.A. County Superior Court. Apparently Pacquiao signed a contract in 2009 to record 12 songs for the label but never fulfilled his obligations, and kept a $40K advance they gave him on recording. BRM claims they lost $200K out of pocket and $10 million in revenues they would have received from the album.

To me I only see $40k as being lost (with maybe a few man hours of work) but $10 Million?

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