Incubus filed a lawsuit against Sony last February to terminate their contract with the company using the California "seven-year statute," which forbids entertainers from being contractually bound to a single company for more than seven years. 

Sony quickly counter sued stating that the contract the band signed in 1996 required the band to furnish Sony with four more albums. 

There have been unconfirmed press reports that the settlement includes an $8 million advance for the band�s next album and $2.5 million each for two additional albums and Sony reportedly holds an option for a fourth album. In addition to the album advanced Sony reportedly will forgive the band $3 million worth of unrecouped promotional costs.

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