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Mediiazone Forums → MZ @ 2013 :: A Owa Endz → News & Topical Issues → BUJU BANTON AND PENTHOUSE RECORDS CALL IT QUITS
 

Topic: BUJU BANTON AND PENTHOUSE RECORDS CALL IT QUITS

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biggaman121
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Posts: 3007
Date:

BUJU BANTON AND PENTHOUSE RECORDS CALL IT QUITS
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Penthouse Records has announced an amicable separation from artiste, Buju Banton.

In a statement issued recently, CEO of Penthouse, Donovan Germain said, "I have been guiding and managing the career of Buju Banton for the last 18 years and the time has come for this chapter to close."

He added that having dedicated the last 18 years to building Buju Banton's career, taking him from obscurity to the pinnacle of international stardom, it was with a sense of pride that he relinquished the management of the artist, to move on to other activities.

Germain further stated, "First and foremost, I am a producer and after spending so many years on the road touring, I now feel the need to get back in the studio and get really involved in the production side of the music."

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"Choose a job you love, and you will never have to work a day in your life"
honey21
Breaking Out Type
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Posts: 456
Date:
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lol

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the doc
MZ Guru
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Posts: 1670
Date:
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nuff respect to germain

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Bless

The Doc
Major Krazy
MZJAustralia
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respect both ways. interested to see what penthouse come out with now Germain has more time for production. also interested to see how Gargamel go!

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muzikal ting
The Leeching Type
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Buju has been waiting for this for a while now.
Imagine giving up 20%-40% of your earnings to a manager and booking agent everytime you do a show.
So if Buju was getting $20,000 for example here is how tingz break down

20% Management = $4000
20% Booking Agency = $4000
Cost of Tour Bus/Driver per night = $500
Musicians & background singer salaries = $400 x 7 = $2800
Road crew = $1200

Total = $12,500

Balance left for BUJU from a $20,000 show = $7,500

but NOW with the new change...

Balance left for Buju is closer to = $12,000


Gwan BUJU.... if Germaine finds ANOTHER Buju then HE is the luckiest man alive...
HE IS in JA afterall, where world class talent can be found monthly but needs a good guide to take it to that level... Germaine IS that guide.

Best wishes to BOTH... they DID make some classic music together.

Bless Up.

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djmercenary
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Posts: 533
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hmm interesting


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DjMercenary
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