Runtown $1.5 million in debt left My Label – Dilly Umeniyora

May 7, 2024 | Entertainment | 0 comments

Dilly Umeniyora, the CEO of Eric Many Entertainment, has asserted that his former artist, Runtown, owed him approximately $1.5 million upon leaving the record label. In a recent interview with media personality Daddy Freeze, Umeniyora revealed this financial claim.

He stated, “When Runtown left my label he owed me about $1.5 million.” Umeniyora also expressed confidence in his new signee, Gnewzy, suggesting that the artist is superior to Runtown. “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,” he said.

Umeniyora further emphasized his role in recognizing musical talent, stating, “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.”

Runtown’s association with Eric Many Entertainment began in 2014, leading to the release of his debut project, ‘Ghetto University,” the following year. However, tensions arose in 2016 when Runtown sought to terminate his contract, alleging threats to his life from the label. The ensuing legal battle was resolved in January 2019, with the court ruling in favor of Runtown, who had established his label, Sound God Music Group, in 2018.

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