Kiss Daniel’s former label denies paying artiste N30k monthly salary, claims it has spent over N120m on him

The management of G-Worldwide Entertainment has reacted to a report about how Kiss Daniel earned 30k monthly salary for a long time and how the artiste took the chance to legally terminate his contract two months ago.

Reacting to the report, G-Worldwide Entertainment in a lengthy statement denied ever paying Kiss Daniel the N30,000 monthly salary describing the suggestion as falsehood.

Part of the very long statement issued by G-Worldwide Entertainment over the reported monthly salary claims reads thus; “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.

“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.

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“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.

Two days ago, the lawyer representing Kiss Daniel revealed the real reason the talented singer terminated his contract with his erstwhile management G-Worldwide Entertainment.

According to Kiss Daniel’s legal representatives ‘L & A Legal consultants’, the singer pulled the plug on his contract legally with G-Worldwide Entertainment after the terms of reference of the engagement was breached severally by the management.

 

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