All through Thursday, 16th of January 2020, Davido and Peruzzi’s former label boss took up the headlines.
Why? Because of unpaid royalties, and this has further lead to more tea being spilled.
Now here is the full gist.
Apparently, Peruzzi was formerly signed to Golden Boy entertainment, and at the time the singer transitioned to DMW, there was a deal signed.
The deal was that Golden Boy entertainment will get paid from part of the royalties Peruzzi’s music brings in.
Now, years after the agreement, King Patrick who is the label boss has called out Davido over the unpaid royalties.
According to him, the case has being in court for over 2yrs now, but the case isn’t making head way.
He then decided to put it up on social media for all to see, hoping it can help him receive His unpaid royalties.
Well, looks like this isn’t helping as well, as Davido vowed he never signed peruzzi. He further claimed that he owed no royalties to Golden boy entertainment.
With the constant drag here and there, it was revealed that Davido’s hit songs like FIA, Ada, Risky and Mind, were all recorded by Peruzzi for Golden boy entertainment.
Yet King Patrick never received any royalties, even when the songs has become massive hits.
But in all this, Peruzzi didn’t say a word till the early hours of Friday, where he revealed that he owed nothing to Golden boy entertainment.
See his posts below;