Australian pop band 5 Seconds Of Summer are being sued by their former management company for alleged breach of contract.
According to court documents obtained by Billboard, YMU Music claims that the band allegedly refused to pay the management team commissions they were owed for "multiple lucrative deals it negotiated on behalf of the group."
The deals included a record agreement with BMG valued at $10 million as well as merch deal with the Bravado International Group of $1.5 million.
5 Seconds Of Summer had hired YMU back in February and ended their contract in September.
(Photo: Andy Deluca)
For comments and feedback contact: editorial@rttnews.com
Entertainment News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.