Entertainment News

See the whopping amount Skales will pay before leaving his record label

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It was drama yesterday as news spread that singer Skales and his manager, Osagie Osarenkhoe are in police detention after being accused of defrauding their record label, Baseline Music.

It has further  been revealed that in Skales‘ contract with Baseline Records, the artist was to receive 30 percent of his earnings while the record label will receive a massive 70 percent share of his earnings after deduction of expenses.

 

In addition, it is also stated that if  Skales  wants to terminate his contract before its termination, he will pay them the sum of £10,000,000.

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The said amount which is equal to about 4.5 billion naira. What a contract.

 

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