Tweet
Atlanta rapper Soulja Boy has filed a lawsuit against his ex-manager, claiming that he was coerced into signing “oppressive” contracts.
TMZ.com reports that Soulja Boy filed a lawsuit against his former manager Philip Ransom, claiming that he hijacked Soulja’s career.
According to the lawsuit, Soulja Boy was just 16-years-old when he signed the contract, claiming he was a naïve teenager.
Under his old deal, Ransom collects 5% forever, for the deals he negotiated while acting as Soulja’s manager.
Soulja Boy’s is also suing Ransom, claiming he gave up 50% of all of the rapper’s copyrights to his record label.
According to Soulja Boy, the deal he signed is “contrary to music industry custom and practice.”
Soulja Boy could have a chance since he entered into the agreement as a minor, but TMZ.com reports the deal is “industry standard.”
Ransom has filed a counter suit against Soulja Boy, claiming the rapper still owes money from the work he completed while acting as his manager.
Source: allhiphop.com
TMZ.com reports that Soulja Boy filed a lawsuit against his former manager Philip Ransom, claiming that he hijacked Soulja’s career.
According to the lawsuit, Soulja Boy was just 16-years-old when he signed the contract, claiming he was a naïve teenager.
Under his old deal, Ransom collects 5% forever, for the deals he negotiated while acting as Soulja’s manager.
Soulja Boy’s is also suing Ransom, claiming he gave up 50% of all of the rapper’s copyrights to his record label.
According to Soulja Boy, the deal he signed is “contrary to music industry custom and practice.”
Soulja Boy could have a chance since he entered into the agreement as a minor, but TMZ.com reports the deal is “industry standard.”
Ransom has filed a counter suit against Soulja Boy, claiming the rapper still owes money from the work he completed while acting as his manager.
Source: allhiphop.com