STONE TEMPLE PILOTS Comment On ATLANTIC RECORDS Lawsuit

June 13, 2008

STONE TEMPLE PILOTS have issued a statement in response to a lawsuit filed by Warner Music Group Corp's Atlantic Records label against two of its members for allegedly trying to end their recording contract early.

The suit, filed on Thursday (June 12) in U.S. District Court in Manhattan, claims lead singer Scott Weiland and drummer Eric Kretz have threatened to stop performing under their contract and have indicated they would like to end the agreement unless Atlantic makes significant changes, according to Reuters.

The record company said in the suit that while STONE TEMPLE PILOTS have already delivered six albums, it wants the group to record a seventh album and deliver up to two more albums if the record label decides they want them.

The following statement was released to the media earlier today (Friday, June 13) by the members of STONE TEMPLE PILOTS:

"STONE TEMPLE PILOTS were deeply disappointed to see that Atlantic filed a surprise lawsuit against two members of the legendary band STP when they were in the middle of what were believed to be cordial and positive discussions about STP returning to the studio to make a new album after 5 years. Despite the allegations in the complaint, the band never threatened anything more than remaining away from the studio until equitable terms could be arranged. The precipitous filing of this action is yet another example of the difficulties facing artists in the new music environment, as relationships between artists and their labels fall further and further apart.

"Eric and Scott have not yet been served and hope that Atlantic will allow cooler heads to prevail, and have the courtesy of shelving this action to permit negotiations to continue in a positive spirit rather than under a dark cloud of hostility. Should everyone operate in good faith, STP are certain that a new album from the band will be available soon. Should Atlantic instead pursue this scorched earth policy towards the band, the ultimate victims will be STP's fans, who will never be able to enjoy a new album from the group."

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