₦airaland Forum

AristocraticMe:
I know some people are capitalist minded while some are liberals.
Let me give you a real life example.
A guy came to you that he is unemployed and wants to start UBer but does not have money. You decided to buy a car for the guy. The car cost 10 million.
You contribute 5 million he contributes 5 million.
But due to the guys situation he cant come up with his 5 million, so you decide to buy the car 100%. With a contract that he will refund you your 5 million. Good no problem.

Then he start Uber, makes 50k a week.
Remember in the profit sharing formula it is 50/50.
So you split the profit 25 each, but the driver does not take 25k he takes 10k because he has to pay your 5 million naira.

I have no problem with the arrangement.

But why will YOU now take ownership of the car even after paying up the 5 million. Because according to the contract it says the ALBUM belongs to the record label.

Does that make sense to you ? If yes no wahala. We are all wired differently some are capitalist while some are liberals.

see enough of all this your unreasonable write ups..... she didn't recoup her 50 percent payment still went and did shows behind the labels back.... the guy isnt even suing her which I'll gladly do and make sure she ends in prison

Where is that big headed slowpoke his name is Peter okeye... The name okeye is a great name and people with that name okeye are always great people but this okeye Peter is efulefu , the worst of okeye that ever liveth

Call Me

steppin:
The other guy was right, you're writing out of emotions.
Whatever you have against record labels, it doesn't change the fact that they're just like any other business, trying to make money.
They'll do anything to recoup the money they spent on their artiste.
Cynthia Morgan needed a comeback, but she shouldn't have done that by tarnishing the image of her former boss.
She capitalized on the dislike Nigerians had for Jude during the P-Square saga, and gave false information.
Even the douchebag Tunde Ednut who interviewed Jude, already passed judgement on Jude with the sneer remarks he made and the annoying questions he asked.

Jude no be better person
Period

There is no way you can spin it

When multiple people are complaining about him
Obviously something is wrong with him...

That just it


Going forward
Record labels and artistes need to be more clear and straight in their dealings

AFONJACOW:
Where is that big headed slowpoke his name is Peter okeye... The name okeye is a great name and people with that name okeye are always great people but this okeye Peter is efulefu , the worst of okeye that ever liveth

What is this one talking about?

janzguy:
And artistes have not left the almighty Mavins Or 5 star music before??

We just need to accept the truth, artistes leaving record labels has become a norm is our entertainment industry!! Times without number the artistes have proven to be the ones at fault because they are always quick to sign a record deal all because they want to live the flashy life so fast without properly looking at what is in the deal.. They think label owners are people who have money to throw around, not realizing it's a business and profit must be made!!!

From what I know
Record labels more often than not are to blame for this foolery going on in our industry

Cunny man way too much for Nigeria

segunmelvin1:
see enough of all this your unreasonable write ups..... she didn't recoup her 50 percent payment still went and did shows behind the labels back.... the guy isnt even suing her which I'll gladly do and make sure she ends in prison

Jude really like that babe. She fukk up big time.
Breached contract.
If it's a guy, this would have been a diff story.
And I don't think Jude want to sue her. He just let bygone be bygone.

In South Korea, u will pay 100% of what the company used to train you and made u a star, then split 70 or 80 to 30 or 20 cos u are still under them. U don't fukkk this up. They will cripple you. The best boy band in South Korea BTS is still under their label after so many yrs upon their popularity all over the world.
They are still not independent. It's unheard off in South Korea that u just started and your label will buy a car for you or give you independence when you have not worked for it. They will bury your generation alive. It's called business. No emotions in business. That's why musicians in Nigeria don't make it. So impatient.
Even those that have made it are so humble. That was the training they received. U can never know their cars cos they will never snap and post with it. It's an abomination to brag yet they are worth millions in dollars. It's humility. We don't have it in Nigeria at all.

If u have access, watch their music shows and you will learn lots of things about life from them.

Phrankin:
We claim that we no dey carry last but from my experience, Nigerians are one of the most, if not the most gullible people in the whole universe.

Anybody that want to contribute to her
Let them contribute

It's not our money they are using to contribute
So e no concern us

Joshmodest:
I've said this several times ....
Nigeria lacks a formal record label pattern, all we have here are sponsors scamming artists in the name of helping them. Most of these artists have unrealistic and outrageous contracts they carry about , all in the name of trying to blow , and end up being at the mercy of the sponsors e.g brymo , Runtown and kiss Daniel ..
Cynthia remains my all time fave dancehall artist in Nigeria ,her song with stonebwoy is a classic !!

Well said

Vulcan24:
most comments can't interpret a contract ..... so that a counts for the abuses and biased comments

the contract still is vague and wasn't followed to the letters or otherwise there are other things granted to the artist that wasn't mentioned in the contract that amount to cost which the company see as cost of production

these are unnecessary favours and obvious they were sleeping together and working together otherwise there is no provision for personal funding and lifestyle in the contract except song production

how Morgan now owes the company explains this ruse, Jude was following the unwritten pattern of lavish spending on a new catch in the name of record label, it is typical of the industry.

it is also sad that profit is stated in contract and shared abinitio which is fraud .... the smartest deal would have been for company to recover expenditure through joint receipt review and a balance shared in ratio of an amount not less or higher than 30-40% to the company .... that way nobody looses and no debt will be invited even if you bleep and charge her for the bleep period.

section 3 of the contract leaves the artiste forever indebted to the company and would obviously have a deficit....cost of production borne by company @100% and the bal of 50recovered from the same 50% profit promised!!!

guy think am naa u av zero bal for the artiste and unless the income is stupendously high which I doubt the artiste would never be told the true picture of his gross income after release

whoever wrote that contract set a trap and Jude should be arrested for advanced fee fraud ....that contract is null & void.

Artiste signing up a cover name over to company is sad development ..... company retains their brand name and since artiste is riding on that platform bigger than artiste, there is no justification to sign over your name or dictate which name to use by company

this is greed and slavery. my performing name is my brand now and post contract

anyways this dosent matter because lots of upcoming are either too dumb to read or too naive to understand the deal, dumb enthusiasm takes the better part of them and the vultures just draft a yoke to be burdened on the ignorant dude

You have said it all

segunmelvin1:
yes they blew to non existence

Which new artiste has Agbaya Jude brought to the fore

At least his Mate Don Jazzy has sharpened Talents after talent after talent over the last 15 years running
Jude where are your new artistes if you are that good

The thing goes two ways

Davash222:
Are we still on this matter
Cynthia Morgan and Jude should please go sidan!!

I’ll drink to that.

DexterousOne:
Which new artiste has Agbaya Jude brought to the fore

At least his Mate Don Jazzy has sharpened Talents after talent after talent over the last 15 years running
Jude where are your new artistes if you are that good

The thing goes two ways

may d rejected his contract wanted the same incentive as p Square or more sef jude rejected and may d left and his musical career cease to exist lol ... yeah lets blame jude and Cynthia morgan that breached her contract lets also blame jude........ psquare separated more than thrice due to inner family problems let's also blame jude....... i wonder how you guys think on here on nairaland comparing a video director who decided to venture partly into artist management and promotion shortly after his brothers separated and somehow youre comparing him with don jazzy...... bossman please just read and pass dont bother quoting me i ve cold i dont have the strength ti reply na just k hereafter

splashbaby:
That Cynthia and his people signed that contract shows that they were long dead before they begin. How can production cost should be shared 50/50 when company decide the cost... What then did they do for artists then? When that cost is deductable from income made. This is debt brought forward to wipe out potential profit in future. That Jude na criminal... Cynthia brain is full of nudity and nothing more, olodo rapata!

just shut up if you dont know what to say........God forbid

Davash222:
Don't go and be useful to yourself and your community.. Be going online insulting and cursing people that are 100 times better than you. Embrace sense, ancient lady.

don’t mind her as if jude put a gun to her head to sign the contract .and what happened to the term the contract terms to be reviewed every year

Millenniumlady:
It's obvious jude is a user why would an upcoming artist pay 50% of her production among other things you still had the gut to say the profit should be 50%50 like seriously boy ? If you're not paying for the cost of production as a company then don't bring the 50/50 deal on the table he wanted to kill her career thanks to the creator she's back on her feet and she's currently the no.1 artist trending in Africa without releasing a single yet so jude can go back to where he belong THE STREETS.....He blocked me on Instagram cause I curse am no be small

Wait a minute, am not taking sides with Mr Jude Okoye but i have seen several agreements like this. A producer or what i call a music production investor does not like to take much risk financially in case the artist flops or does not blow. Same similar deal was signed with the popular girly group TLC back then by a popular female musician Pebbles with her husband L.A Reid & Baby face( La Face). If you watch their regrets as it was a disaster despite TLC selling over 10million albums.

Am not in support of such agreements but i think this type is rampant in the music industry world wide as the artist has no money & need a platform to spring up from.

Note: A female artist should never add sex with her producers in music business. It’s a rumor also that Emma Nyra & Ubi Frankly (record label owner of made men music) were secretly involved sexually & you can just imagine how it all ended for her as she was bitter when her contract was terminated.

Most artist don’t have a fair deal in their first contract agreement & it gets better with subsequent contracts as the artist hits success. You will be dazed how much 2face was paid by Kennis music from that his ever so popular hit album.

Et tu' Brutus

Davash222:
Wait, Gofundme was raised on her behalf Are Nigerians that gullible?

PlainJoe:
They should resolve their issues please.

Dear Nairalanders, please we need your help. I stopped working over 3 months ago due to my failing health condition as advised in the hospital. Things are really not going well with us at the moment economically after I have exhausted the little savings I had. At the moment, no food in the house again. Wife will be put to bed by next month and yet no preparations for the baby. Help us any way you can please.

Below is a link of the thread that explains everything including my contacts.

(https://www.nairaland.com/5875789/diagnosed-tuberculosis-told-stop-work

Thanks as you reach out to us. Please continue to stay safe.

See comments

MrBrownJay1:
if you hadnt read the contract upside down, you would understand that:
- it is not the artist job to pay back anything.... its the record label's job to make sure that the artist blows enough so that they can recoup their investment.
- its the labels job to pay everything, thats what the contract stipulates, and it also stipulates that if they dont get their money back at the end of the said contract, they will get the remaining cost of their investment from 50% of her royalties (and certainly not that they can hijack her Vevo account or what other nonsense!)

Yes bro but Cynthia morgans attitude was getting worst as at then ..her manager have exposed her so maybe that made Jude saw that she is becoming unmanageable and had to change am for her

Davash222:
Wait, Gofundme was raised on her behalf Are Nigerians that gullible?

I taya o

An agreement if agreed on becomes binding on parties involve.

So, if they have signed an agreement of 50/50 share percentage of profit or whatever I think should have be maintained for d period of d agreement.

I really think some Artist don't get to understand their agreements because dey need a platform.

However, it's clear to my understanding that average artist exusts it's talent within the period signed into a record label.

Last last u guys need each other [/color][color=#000099]

If the record label setup the account in the first instance and they currently still own the rights to the songs setup under her, then it does not belong to her.

If she has a case, a lawyer will take the case and get a cut if the settlement fees. She does not have a case. She already apologized and is now saying that the manager used both her and Jude after he shared the contract.

MrBrownJay1:
the babe is broke, you have to understand her... she doesnt have the money to hire lawyers etc so she is using the supreme court of social media to get justice... and we can clearly see that something is fishy, just by reading the said contract



... yet the record label is hijacking her Vevo account (probably her royalties too) with false claim that we can all see, from the contract, are illegal and just fables in the sky.

fabuloz1:
Did you read and comprehend the contract terms at all?
In general terms, the contract states that upcoming Artist with no financial backing will be catered for (recording, promotion etc)by the company 100% while those with atleast, a benefitting income will input 50% and the company brings 50% for any recording video done.
In perorate, Cynthia Morgan read and signed the contract herself without been on durex.

Durex na rubber bros

louiziana:
Durex na rubber bros

Ok duress* you didn't even correct it

Deoboss:
Wait a minute, am not taking sides with Mr Jude Okoye but i have seen several agreements like this. A producer or what i call a music production investor does not like to take much risk financially in case the artist flops or does not blow. Same similar deal was signed with the popular girly group TLC back then by a popular female musician Pebbles with her husband L.A Reid & Baby face( La Face). If you watch their regrets as it was a disaster despite TLC selling over 10million albums.

Am not in support of such agreements but i think this type is rampant in the music industry world wide as the artist has no money & need a platform to spring up from.

Note: A female artist should never add sex with her producers in music business. It’s a rumor also that Emma Nyra & Ubi Frankly (record label owner of made men music) were secretly involved sexually & you can just imagine how it all ended for her as she was bitter when her contract was terminated.

Most artist don’t have a fair deal in their first contract agreement & it gets better with subsequent contracts as the artist hits success. You will be dazed how much 2face was paid by Kennis music from that his ever so popular hit album.

Her contribution will be sliced from accrueable profits meant for her... While the firm decides running costs and perhaps profit. She holds the shortest stick always.

nextstep:
No worries. However, how is an artist supposed to pay her 50%? In almost all cases I know of, it's from revenues. Unless Cynthia has some couple of million someplace and she can write a check, the expectation is that her debt payment will come from the commercial exploitation of the song/video.

The terms of the payment was actually stipulated in Section 3. COSTS, and I quote the end: "As a new artist with no financial backing, NorthSide music would put up 100 percent and deduct the 50 percent expense from Gross Profit received from artist earning."

The way I understand that is: until her debt is paid up, every Naira of profit that would have gone to the Artist, goes to the label.

Na here the slave contract dey. The company obviously will definitely control both expenses on production like what Jude claimed that he spent 40m on 13 videos and still hold on to her Vevo account to offset the bills from accrueable royalty of profits as allowed by the contract.

She will be in perpetual debt without getting a fadden because that slave contract allows it...as long as Jude fix production cost and controls income as well.

georgeiyke009:
If the record label setup the account in the first instance and they currently still own the rights to the songs setup under her, then it does not belong to her.
If she has a case, a lawyer will take the case and get a cut if the settlement fees. She does not have a case. She already apologized and is now saying that the manager used both her and Jude after he shared the contract.

are you now saying that she has no right to her royalties, even though the contract clearly states that she owns 50% of it?

Revolva:
Yes bro but Cynthia morgans attitude was getting worst as at then ..her manager have exposed her so maybe that made Jude saw that she is becoming unmanageable and had to change am for her

bro, majority of artist are like that...very humble at the beginning, but as soon as they get a little fame, they automatically forget who got them there. .. and as hard as it may be, thats the music business. these artist dont want to be taken advantage of forever, and regardless of who started their career, they have the right to say:"i no wan do again". anyone knows that the record labels are daylight robbery, so the minute an artist has a chance, they get rid of their label and create their own record label, so that the artist can now do exactly the same thing with their own label and upcoming artists.

splashbaby:
Na here the slave contract dey. The company obviously will definitely control both expenses on production like what Jude claimed that he spent 40m on 13 videos and still hold on to her Vevo account to offset the bills from accrueable royalty of profits as allowed by the contract.

She will be in perpetual debt without getting a fadden because that slave contract allows it...as long as Jude fix production cost and controls income as well.

but the contract states that:" in the event that the royalties are insufficient to complete the reimbursement, artist shall not be liable for such cost. the remainder of royalties shall be allocated and distributed 50/50... so how can they, after god knows how long, say that she still owes them 40M, as it is evident royalties has already offset some of her debt.

And i was feeling sorry for her �

Sanchez01:
Cynthia Morgan may not have been truthful when she said she can no longer use the name 'Cynthia Morgan' because it was contained in her record label that the label owns the name and that she is prohibited from using it.

The only time it is mentionedt that her name and images would be used is when the label wants to promote her materials, such as her singles, albums, EPs, and possibly videos.

She had the exclusive rights to use her name all along, contrary to what she said in the Instagram Interview she had with Sandra.

I bet many Nigerians did not read that contract.
It is even worst here on Nairaland, people read the topic and just jump into conclusion.
Before we say anything, let's ask, when did she leave the label? The contract shown to us reveals it's a 4 years contract, signed in 2013 with an optional renewal for 2 years.
If she ever signed the renewal, can we see the content of the renewal?
If not, when did she leave? What was the penalty of her not living up to the terms she signed?

Let's see it all.
Half truth is also half lie.