Wiz Khalifa suing Rostrum Records (Been signed to a slave 360 deal since he was 16)

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Can't really depend on artist to know the business side of things

We seen shyt like this happen time and time again

Black entrepreneurs really need to come up with an Eco system that other blacks can thrive on


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Hannibal Fox

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when you sign a contract, you sign with your legal name and social security number... don't matter what the fukk you want to call yourself... they own the shyt

now if your label allows you to put out free mixtapes... then that's cause y'all cool and they allow it

but at any time they can shut that shyt down or take a piece of it, if it's in the contract

Nah it's not that deep, just proof that it's a job, now the stipulations in said contract is where the fukkery is at, your essentially taking out a mortgage.
 

The Devil's Advocate

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Nah it's not that deep, just proof that it's a job, now the stipulations in said contract is where the fukkery is at, your essentially taking out a mortgage.
dude was asking if you can just change your stage name and then the record label can't touch you


nah breh... you sign a contract with your name on it... they sue YOU.. they own YOUR music..


if that was the case.. every single artist would just change up their name whenever they wanted to drop a label... wiz would just go as "WK" or some shyt and go do what he wants... lil wayne would be "weezy" and go do what he wants

currency did not sign "currency" on that legally binding contract and they didn't list him as such in the paperwork either
 

EzekelRAGE

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Wiz Khalifa Sued You Stiffed Us For More Than $2 Mil!!!

21
6/29/2016 1:00 PM PDT BY TMZ STAFF

EXCLUSIVE

062916-wiz-khalifa-tmz-3.jpg

The man who discovered Wiz Khalifa says the rapper owes his company more than $2 million after not ponying up big chunks of dough.

Rostrum Records -- founded by Benjy Grinberg -- claims in a new lawsuit it had a deal with Wiz for a 15% cut of touring and music royalties when the rapper started back in 2005. The company says it's also owed 20% of any merch sales.

The company claims Wiz has earned a ton of money in touring, merchandise and music sales recently and Rostrum wants $2 mil to make things right.

Wiz first sued Rostrum and Benjamin to get out of his contract, claiming they mismanaged him and entered into deals to line their own pockets.
 

Loud Still Coolin

Suppose be a IT cert like you coli nikkaz
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Certz Up ..... Hoezzzz down .....

Wiz Khalifa Sued You Stiffed Us For More Than $2 Mil!!!

21
6/29/2016 1:00 PM PDT BY TMZ STAFF

EXCLUSIVE

062916-wiz-khalifa-tmz-3.jpg

The man who discovered Wiz Khalifa says the rapper owes his company more than $2 million after not ponying up big chunks of dough.

Rostrum Records -- founded by Benjy Grinberg -- claims in a new lawsuit it had a deal with Wiz for a 15% cut of touring and music royalties when the rapper started back in 2005. The company says it's also owed 20% of any merch sales.

The company claims Wiz has earned a ton of money in touring, merchandise and music sales recently and Rostrum wants $2 mil to make things right.

Wiz first sued Rostrum and Benjamin to get out of his contract, claiming they mismanaged him and entered into deals to line their own pockets.
:damn:checkmate damn wiz
 
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