The attention of the management of Kennis Music has been drawn to recent media statements credited to Mr Edward Ashiedu-Brown who was until 2004 signed to Kennis Music as a recording artiste. In the said interviews, Mr Brown cast aspersions on the person of our CEO Keke Ogungbe, just as he alleged the label owed him royalties.
We wish to state matter-of-factly, that there is no iota of truth in these allegations and we like to implore the general public to weigh carefully the sincerity of the artiste before digesting his statements hook, line and sinker.
According to Keke Ogungbe, who put the record straight during the week, ‘Kennis music has one OF the best records when it comes to royalty payment. We pride ourselves as one of the very best in the country; known to pay royalties in full as at when due, even now embracing advance royalty payments. (e.g. 2face in grass 2 grace audio and grass 2 grace video [separately])Speaking particularly on Eddy’s allegations, Keke stated that ¡sales from Eddy's works have dwindled almost to zero in the recent past. However, his contractual agreement stipulates quarterly payment to him after sales with full payment received by Kennis. There are some Eddy/Remedies products out in the market currently that are on ¡sales on return¢ [products are given out on credit to distributors and payments are remitted upon sale of the works]. However, royalties are usually paid upon receipt of payments which now gives the amount to be paid to artistes according to the monies received. In the past artistes will say company so so and so has not paid any royalty but the same artiste will not say that their album which is a huge investment for the company has not sold enough for the company to recoup money they used to produce the album, mass produce from master to CDs, tapes etc, produce the video[s], promote the songs on radio, TV, newspapers, posters, etc, distribute the albums; before you can then think of royalties.
Eddy was signed to Kennis in 1998, as a member of now rested group Remedies, which still owes Kennis an album,. His contract with the label as a solo artiste ran between 2001 and 2004.
We try to be very transparent at Kennis music and we will not allow any artiste to tarnish our image. Especially as we have noticed that such complaints are peculiar to unsuccessful and failed artistes who are ever willing to blame his or her woes on somebody else especially their record company but never themselves. This issue of looking at both side of the coin is very important in this industry so as to put a stop to this one sided lies and cheap blackmail. You will never found a 2face saying his royalties were never paid. Same for Lagbaja, Eedris Abdulkareem, Paul Play Dairo,V I P from Ghana, Kenny saint brown, Tony Tetuila just to mention few¢.
Please find below, details of Royalties paid to Edward Ashiedu-Brown a.k.a. Eddy Remedy.
*Last royalty paid:Arrival of eddy................ N261.38
Leave eddy alone.............. N301.88
Peace Nigeria [remedies] N1510.9
My music video compilation vol.2 N2910.
(Less deductions)
*Total royalties paid to and received by eddy......N4,700.00 [four thousand, seven hundred naira only]
*Edward Ashiedu- Brown sighted and reviewed the accounts before signing for the receipt of his royalties on 23rd of June 2006. (please note that he signed and collected the royalties himself. The label can make his signed remittance advise available if need be.)*Also note that royalties are paid for sales made for at least 3 months.*Prior to the last payment, his royalty was N13,081 but he paid his last outstanding on personal loan which made his balance to N3,102.00 naira.
Thanks
Keke Ogungbe
CEO Kennis Music
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