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G-worldwide Release Statement Detailing How They Have Paid Kissdaniel Over N120M - Celebrities - Nairaland

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"We Have Paid Kiss Daniel Over 120 Million Naira.” - G-worldwide / Kiss Daniel Reacts To Lawsuit By G-Worldwide Entertainment / G-worldwide Entertainment Sues Kiss Daniel To Court (see Details) (2) (3) (4)

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G-worldwide Release Statement Detailing How They Have Paid Kissdaniel Over N120M by rhonard(m): 3:15pm On Dec 15, 2017
It appears the legal battle between popular musician Kiss Daniel and his former record label G-Worldwide is far from over - The label has come out to reveal details of the financial transactions between both parties - According to them, Kiss Daniel has received over N120million The ongoing legal drama between popular musician Kiss Daniel and his now former record label G-Worldwide keeps getting interesting by the day. After Kiss Daniel’s lawyers said he left the label after they refused to show him financial details of his career with them, G-Worldwide has released their own statement clarifying issues. First, they denied rumours that Kiss Daniel was being paid N30,000 monthly and instead revealed that he has gotten over N120million from the label. They also wrote about how the label helped him get a house, start a taxi business for his mother amongst other things.

Read excerpts from their statement below:

1. Contrary to rumours making the rounds that Kiss Daniel was only on NGN 30,000 salary since he joined the label up until after the release of the Woju and Laye singles, this is nothing but falsehood. Before the release of those singles in 2014, Kiss Daniel was being paid a monthly allowance of NGN 30,000 to cover basic personal costs whilst he was still in his father’s house in Kuto, Abeokuta, he was also given a medical allowance of NGN 150,000 and other unrecorded stipends whilst no revenue was being generated by him. This remained the norm while the label invested heavily in recording sessions, productions, transportation, and other costs associated with developing him as an artist.


2. Loans of up to NGN 550,000 were given to him within 2 weeks of his signing onto the label for him to get a car for his mom to start a Taxi business. There are documents to back this. In addition following his request for financial support for his dad’s burial, G-Worldwide released the sum of NGN 200,000 to him which was exactly what Kiss Daniel requested for. As recent as October 2017, he again requested for a loan to run his account in order to acquire a house for himself under a mortgage, to this end the company released NGN 13,000,000 (Thirteen Million Naira) to him though the company was not obligated under the contract to do so.

3. As per the contract between Kiss Daniel and G-Worldwide, the label was meant to recoup its investment before any royalty-sharing was to commence; the only provision available for the artiste was allowances and loans which would be at the discretion of the label. In June 2015 following his return from his UK tour, the company amended the contract and immediately began the payment of royalties as agreed and from that time till the wrongful termination of his contract. G-Worldwide has paid Kiss Daniel the sum of NGN 117,233,318 (One Hundred and Seventeen Million, Two Hundred Thirty-Three Thousand and Three Hundred and Eighteen Naira) as royalties from performances alone, he has also received money from other incomes to the sum of NGN 3,296,826.40 (Three Million, Two Hundred and Ninety Six Thousand Eight Hundred and Twenty Six Naira and forty kobo) for the financial record of 2016 as opposed to the false allegations made by him and his lawyers (The company’s books of account support this) As it stands, Kiss Daniel owes G-Worldwide Entertainment quite a large sum of money for the financial year due to end in 2018.

4. Following the signing of the contract in 2013, Kiss Daniel moved into an apartment furnished by the label in April 2014 in Lekki Lagos and only moved out in October 2015. Despite the terrible picture painted by Kiss Daniel to the media, the label actually during that period undertook the payment of all the bills in the said apartment, including waste, power, service charges, feeding, etc.

5. We have also noted the falsehood that at the time of his father’s demise, the label barred him from attending the burial. Let it be on record that immediately the news of his father’s demise filtered in, Emperor Geezy, CEO of the label authorized that his own personal car is used to convey Kiss Daniel to Abeokuta to attend and be a part of his father’s burial. The label CEO’s brother even accompanied him on this trip, as well as one of the label’s staff. Interestingly on arriving at a hotel in Abeokuta which had been fully paid for by the label, he refused to attend his own father’s burial on the grounds that he believed that his family are fetish and were responsible for his father’s death.

6. In response to the claim that Kiss Daniel was barred from supporting other artists, especially those who supported him and the label at the New Era album launch, we would like to put it on record that at no time has the label barred him from performing at events where friends in the industry have asked for his support. We understand the importance of collaborative efforts in a fledgling industry such as ours. Kiss Daniel, however, has made it a habit to turn up at events late or not at all, always blaming the label for his truancy. Clear examples include his failure to appear at the Reekado Banks album listening party at Hard Rock Café and the recent 2Baba Buckwyld ‘n’ Breathless Concert on 22nd of October, 2017 at Eko Hotel. He did this even when 2Baba had provided two separate accommodations for him and his manager Louiza Williams at Eko Hotels, and the label had covered other logistics costs. He stood up 2Baba and manager after claiming he was on his way from 6pm till 1am the next day. He repeated the same show of shame at the Chronicles of Ushebebe and Soundcity’s 2016 MVP Awards. His excuse always being that the label has restricted him from supporting other talents in the industry. His favourite saying: “You know I’m signed to a label na, I’m not my own boss yet”. One should wonder why his manager would be at these venues to liaise with the event organizers before his arrival if he wasn’t approved by the label to be at those events. His usual play was to ask the manager if money is involved and once she says “no we are going to support” he will either not take his calls once she’s around his house for takeoff, or switch off his phones and later complain that he was not feeling too well or had an urgent meeting at Abeokuta. Last year, many people wondered how we managed to pull off such a massive concert for his New Era album launch with no support from any organization. That event which included the lease of the prestigious Eko Hotels with over 20 superstars was one of the most expensive projects the company ever embarked upon. Nevertheless, we understand that artists grow with their songs and popularity, and may eventually seek an early exit. That being said, a contract between two parties is a legally binding arrangement and both parties having deployed resources to perform obligations thereunder must ensure that the contract is executed or terminated in line with its terms and conditions. G-Worldwide’s contract with Kiss Daniel simply put, allows for the artiste to exit, but in so doing, he is duty bound to repay to the company all monies expended by the company in furtherance of the contract and all losses; including losses suffered from the cancellation of fixed events and shows by reason of the termination. The contract is also expressly clear on the fact that intellectual property rights to all the songs produced under the contract including the stage name of the artiste are properties of the company. We know that so far, Kiss Daniel has kept these facts away from the public; choosing to resort to cheap blackmail and whipping up emotions. We will not take this route as a responsible company and this is why we are in court. It remains illegal to deal with Kiss Daniel directly instead of G-Worldwide Management pending the hearing of the suit in Court.

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Re: G-worldwide Release Statement Detailing How They Have Paid Kissdaniel Over N120M by Ahmed0336(m): 3:29pm On Dec 15, 2017
If i read up there is true then i ll say kiss daniel no try
Re: G-worldwide Release Statement Detailing How They Have Paid Kissdaniel Over N120M by femolacqua(m): 4:32pm On Dec 15, 2017
Men I don't know what to say, don't wanna sound judgmental.

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