Incubus, which signed a seven-album deal with Sony-affiliated Immortal Records in 1996, is one of the most popular rock acts on Sony’s roster. Representatives for the company and the band declined to discuss the agreement, which was negotiated by Ienner, Sony Executive Vice President Michele Anthony, band attorney John Branca, and manager Steve Rennie. Sony also agreed to erase an estimated $3-million tab for unrecouped marketing costs, which the band owed before it could begin receiving royalty payments, according to the sources. The pact requires the band to deliver two albums after that and provides Sony an option for a fourth, with an estimated $2.5-million advance due for each, sources said. Under Thursday’s deal, Incubus - which has received about $4.25 million for its hit recordings to date - will get an estimated $8 million in advances for the delivery of its next album, sources said. Sony countersued, saying the band owed four albums and had gone to court as a negotiating ploy.

The Calabasas band in February asked a court for a release from a 1996 record contract, claiming the deal underpaid it. on Thursday, according to industry sources, ending a two-month legal battle that cast a spotlight on some of the record industry’s more controversial compensation practices.

Rock band Incubus signed a lucrative new pact with Sony Music Entertainment Inc.

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