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Monster Beverage Corporation
(“Monster”) issued the following
statement in response to media and other inquiries relating to the lawsuit
against Monster Energy Company (“Monster”) by the Beastie Boys.
Monster has no intention of litigating this matter in the media, but since the
case has now received publicity we felt we should let the public know the
facts as we see them. Monster in good faith believed it had obtained the
rights to use a compilation of certain Beastie Boys music for an Internet
video. The video recounted a snowboarding event in Canada that Monster
sponsored where the after party featured many Beastie Boys songs played by the
DJs in honor of the recent death of one of the Beastie Boys' members. The
music that Monster used was provided by one of the DJs, who told Monster he
had permission. When Monster was notified by the Beastie Boys that the company
was mistaken in its belief that it had the proper authorization, Monster
immediately removed the video from the Internet. The video received less than
14,000 views during the brief period it was online. This lawsuit is solely
about what, if anything, Monster must pay to the Beastie Boys because of
Monster's good faith mistake. In Monster's view the Beastie Boys are demanding
sums that are far beyond any reasonable fair market value.
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