According to SundayWorld publication Award winning rapper Nasty C along with Former label (Mabala Noise) boss Reggie Nkabinde are being sued R3.5 Million for breach of contract.
A certain company named Freeworld Music, which according to court papers was appointed by Mabala Noise to manage Nasty C’s bookings and endorsement deals, filed summons at the South Gauteng High Court in Joburg claiming that it was owed R3.5-million for unpaid services back in 2016.
Nkabinde and Marcus who are bosses to both companies discussed a need to have an agreement which would lead to a possible business relationship, and Nasty C was brought in to discuss terms and clauses which he needed incorporated into the contract. The agreed on terms and signed papers.
According to the agreement seen by Sunday World, Mabala Noise was meant to ensure that payments were made to it and its artist Nasty C.
The agreement also indicates that Freeworld Music was entitled to 25% of all the revenue generated by Nasty C’s performances and deals and the artist was to get a 50% share. It was also agreed that Freeworld Music would be entitled to get 15% of all revenues generated by Nasty C from Mabala Noise, including another 15% of his publishing income.
According to the agreement, the figure would increase to 40% if it secured gigs worth R1-million or more in a month. The agreement further indicates that the management company also bagged an upfront signing-on fee of R2.5-million after the agreement. The company was also entitled to receive 50% of all international royalties on music sold and/or licensed.
Nasty C’s record label Mabala Noise was entitled to receive the remaining 25% as part of the agreement.
The summons by Freeworld Music indicates that after signing the contract with it, Nasty C’s career blossomed and his bookings also increased.
“After the contract was signed the first defendant began booking more shows than he previously had and would earn approximately R200000 to R300000 per month.
“The plaintiff would make the necessary deductions and pay the first defendant what was due to him,” reads court papers.
Mabala Noise failed to pay and is now facing a lawsuit.
