The CEO of Roftown Records, Bullet, has disclosed the contractual intricacies that have placed the burden of repaying Midas Touch Records on him following Ebony’s tragic demise. The contract did not anticipate or provide for such an unforeseen event.
During a recent interview on UTV’s United Showbiz,Bullet stated unequivocally, “I have not yet finished paying Midas Touch Records for the contract we signed for Ebony.
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As we speak now, I still owe Midas Touch Records, and I am still paying for it because the contract was supposed to run for some number of years for which they (Midas Touch) will share proceeds from works of the artistes, but we all know what happened.”
Ebony one of Bullet’s artist died on February 8,2018 in a car crash.