Dapper Music & Entertainment has released a comprehensive statement in response to allegations made by Shallipopi following the termination of his contract. The label emphasized its commitment to transparency, fairness, and integrity in all aspects of its operations.
The statement addresses several key points, including:
1. Contract terms: Dapper Music & Entertainment clarified that its contracts do not indefinitely tie an artist’s future earnings to the label. Instead, contracts pertain to recordings and opportunities worked on during the contract term.
2. Commitment to artists: The label highlighted its ongoing commitment to artists, citing Shallipopi’s successful first album and the subsequent renegotiation of his contract terms.
3. Accounting transparency: Dapper Music & Entertainment stated that it has provided comprehensive accounting to all parties involved, including Shallipopi, and is cooperating fully with auditors.
4. Legal threats: The label expressed confidence in its business conduct and stated that it is prepared to seek redress in a court of competent jurisdiction.
Dapper Music & Entertainment also addressed minor allegations, including the claim that Muyeez signed a contract as a minor, which the label denies.
In conclusion, Dapper Music & Entertainment reaffirmed its dedication to supporting talent, fostering creativity, and upholding the values of respect, integrity, and gratitude that guide relationships in the music industry.