02/08/2026
Last week, the FCT High Court gave a judgment, ordering Mr Douglas Jack Agu popularly known as Runtown to pay his former management, Eric Manny Entertainment the sum of N319m for breaching the recording contract he had with Eric Manny when he left the label in 2016.
As an artiste, these are some key things in your record deal that you should look out for and insist on:
Insist on owning your masters or co-owning the master with the label and not you signing off your masters fully to the label.
Insist on owning the trademark of your name. Wondering why Kiss Daniel changed his name to Kizz Daniel, this is the reason. When he fell out with his label “G Wordwide” the label asked him to stop using the name Kiss Daniel on the grounds that the trademark to the name belongs to the label.
Insist that your deliverables be fully captured in the contract. If the label for instance, needs you to do 5 tracks, or 2 albums, insist that it be captured in the contract, and if you know that you will not be able to deliver that number of projects, renegotiate that clause.
Insist on a reversionary interest clause in the contract. This implies that every musical right, content, and IP reverts back to you one hundred percent after the effluxion of the contract
Agree on a workable sharing formula from the onset. If the label taking 80% of the earnings and of your deals and giving you 20% feels like cheating to you, renegotiate the sharing formula before signing the contract.
Insist that every spending be accounted for. This is how some artistes end up owing the label a huge amount of money after the contract has ended because some labels do claim that they invested billions in the development and marketing of the artist and they didn’t recoup their investment and the artiste should pay back. Let there be a financial record evidencing every spending.
Insist that every money spent on you at the course of your career be an investment instead of a loan.