1. Be sure to visit my discussions on record label agreements here.
2. Be sure to visit my discussions on how to negotiate artist-management agreements here.
3. Be sure to visit my discussions on brand -ambassador agreements, especially since the story touches on Samini’s deal as a brand ambassador for MTN.
The above legal contracts, demystified, should give all of you a better sense of the business of music involved here; and the important legal agreements that will help Samini and all parties with a vested interest receive a return on their investments.
Congratulations to Samini and Phamous music. If both sides honor the relationships and commitments made, there will be no legal drama between the two.
“Phamous Music, a subsidiary of the communication and multimedia outfit, Phamous Media Group Ltd (PMG), has signed a new two-year recording and management deal worth over nine-hundred and fifty thousand Ghana cedis with dancehall superstar, Samini.
The deal was sealed with the MTN icon in a closed-door ceremony on Friday, December 2, 2011 at about 10pm at the company’s offices located at Tesano in Accra.
A special event is been planned to outdoor the signing and will coincide with a big, strictly-by-invitation private ball at a plush hotel in Accra on Samini’s birthday, December 22, 2011.
Speaking exclusively to the Graphic Showbiz, Mr. Verus Nartey, a member of his new management team, also operations director of the Company reiterated that: “Samini is a very huge brand; a unique one that has outdone his current territory.
He has won several international honours including MOBO awards, MTV Music Awards and Channel O awards; it is time to properly position this brand in the world music market hence the required concerted effort by a bigger and more resourceful management team to push him beyond these territories. With this investment, Samini will not have any problems whatsoever in exploring or engaging in career advancement business activities”.
In the new deal, Anthony Pun Daning remains a member of Samini’s management team now consisting of Samini’s Business Development Manager, Publicist, Legal Counsel, Booking officer, Artistic Director and Personal Security team; with offices inside the PMG building.
The two-year multi-album deal which has renewal options includes major investment in his personal image, music, recording and marketing across the world. Further details will be announced at the December 22 event.
When asked what would happen to his endorsement deals such as with MTN, a rep at Phamous Music hints that: “The new management is yet to discuss and consider business options and possibilities available to brand Samini”. As we speak, he says: “Samini is an MTN icon, and a happy one for that matter and would be glad to continue his positively fruitful business relationship with that big family. . .”
Ghanamusic.com has the full story.
I am a trial lawyer as well as the founder and principal attorney for UDUAK LAW FIRM, a law firm serving the fashion and entertainment industries. You can follow me on twitter atwww.twitter.com/uduaklaw or www.twitter.com/africamusiclaw. I am also the President & CEO of Ladybrille Media Group, Inc. I have over seventeen years combined experience in the fashion and entertainment industries and welcome your basic Music Business Questions. Have a question for me? Send me an email: ([email protected]).