The CEO of Eric Many Entertainment, Dilly Umeniyora, has claimed that his former signee, Runtown, owed him about $1.5 million when he left the record label.
Umeniyora made the claim in a recent interview with media personality, Daddy Freeze.
He said, “When Runtown left my label he owed me about $1.5 million”.
The music executive stated that his new signee, Gnewzy, is better than Runtown.
In his words, “My new artiste, Gnewzy , is very talented. So far as he is healthy, there’s no way I would not make profit from my investment in him. Because he is better than Runtown.
“I signed Runtown because I’ve the ears for music. I was patient with Runtown. Runtown blew in five years, Gnewzy will blow in less than one and a half years,” Umeniyora added.
Runtown signed with Eric Many Entertainment in 2014 and dropped his debut project, ‘Ghetto University’, the following year.
However, the partnership turned sour in 2016 when Runtown accused the label of threatening his life…
Source: Leadership Newspaper
