Runtown sued by record label for the second time
Singer Runtown has been slammed for the second time in 2-years over breach of contract by the record label that signed him. The latter, Eric Many, filed an injunction at the Federal High court against the singer.
According to a statement “Runtown has been deliberately breaching his contract with us (Eric Many) for a while and despite our many appeals to him he has refused to bulge. He went for a show in Las Vegas since January 13th, 2018 and has since decided to withdraw all obligations of his contract. He has steadily been recording an album without the consent and approval of his record label,” the statement read.
According to the statement of claim filed at the Federal High Court, by Eric Many,
a Recording Agreement was made between the Plaintiff and the Defendant dated 22nd June 2016, the copyright and other intellectual property and cognate rights and legal positions and protections applicable to all works done by the Defendant during an initial period of two years covered by the Agreement, is vested in the Plaintiff.
“The Plaintiff will rely on a copy of the said Recording Agreement at trial. 7. Under the Agreement, parties recognize and acknowledge the sum of N114,456,670.00 (One Hundred and Fourteen Million, Four Hundredand Fifty Six Thousand,Six Hundred and Seventy Naira) as “Prior Investment”, representing the sum invested by the Plaintiff into the development of the Defendant’s musical works and records under the defunct ‘Artiste Agreement’, precursor to the ‘Recording Agreement”.
In a press statement issued this morning, the label also states that,
“he’s recording with artists like Del B without the written approval of the label and without an Eric Many appointee at the point of recording as agreed in our contract.
Runtown has also been appearing in venues and collecting appearance fees without the approval of the label and also performing in private shows without the label’s consent which contravenes clause 4.4.1 of his record deal which states that ‘the Defendant(Runtown) can only engage in recording, collaborating or performing with other artistes for third parties or other record companies upon proper notification in advance to the Plaintiff.
Upon this notification, the Plaintiff would then enter into an agreement with the collaborating artiste or his record company to ensure that the Plaintiff and the Defendant receive proper credit, legal/copyright protection and compensation for the collaborative work”.
Though Runtown’s record deal with Eric Many is due to expire at some point this year, the label says he still owes the company alot of money including,
‘Hundreds of millions in Naira from the Lamborghini Gallardo super-fast car which he still has to pay back to the label and and also an album that must be released through the right channels.