Audio By Carbonatix
Lauryn Hill has taken to her blog to announce she has signed a new record deal, and hints that former contracts with music label executives are to blame for her financial woes.
The former Fugees star is currently facing a stint behind bars after pleading guilty to charges of failing to file her tax returns between 2005 and 2007.
It is believed she owes more than $1.6 million to U.S. authorities, and has been given until 6 May to pay restitution after a judge delayed sentencing on her case.
Now, the reclusive singer has gone online to confirm reports she has signed a new record deal, and suggests bad business deals and "parasitic" record label contracts left her in financial difficulty, despite her huge success.
She writes, "It has been reported that I signed a new record deal, and that I did this to pay taxes. Yes, I have recently entered into an agreement with Sony Worldwide Entertainment, to launch a new label, on which my new music will be released. And yes, I am working on new music.
"I've been fighting for existential and economic freedom, which means the freedom to create and live without someone threatening, controlling, and/or manipulating the art and the artist, by tying the purse strings. It took years for me to get out of the 'parasitic' dynamic of my youth, and into a deal that better reflects my true contribution as an artist, and (purportedly) gives me the control necessary to create a paradigm suitable for my needs.
"The nature of my new business venture, as well as the dollar amount reported, was inaccurate, only a portion of the overall deal. Keep in mind, my past recordings have sold over 50,000,000 units worldwide, earning the label a tremendous amount of money (a fraction of which actually came to me).
"Only a completely complicated set of traps, manipulations, and inequitable business arrangements could put someone who has accomplished the things that I have, financially in need of anything."
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Morocco and Senegal set for defining AFCON final under Rabat lights today
1 hour -
Trump tariff threat over Greenland ‘unacceptable’, European leaders say
2 hours -
Evalue-Ajomoro-Gwira MP kicks against VALCO sale
2 hours -
Mercy Johnson withdraws alleged defamation case against TikToker
3 hours -
Ghana accepted Trump’s deported West Africans and forced them back to their native countries
3 hours -
No evidence of theft in Unibank Case – A‑G explains withdrawal of charges against Dr Duffour
3 hours -
Labourer remanded for threatening to kill mother
4 hours -
Court remands farmer over GH¢110,000 car fraud
4 hours -
Tension mounts at Akyem Akroso over ‘sale’ of royal cemetery
4 hours -
Poor planning fueling transport crisis—Prof. Beyuo
5 hours -
Ahiagbah slams Prof. Frimpong-Boateng over “fake” party slur
5 hours -
Family traumatised as body of Presby steward goes ‘missing’ at mortuary
6 hours -
Why Ghana must maintain the NPA’s price floor in the petroleum market
6 hours -
Serwaa Amihere apologises to PRESEC community over ‘homosexual breeding ground’ comment
7 hours -
Dr Arthur Kennedy slams NPP’s “dubious” plot to expel Prof Frimpong-Boateng
7 hours
