Media Personality Mwalimu Rachel has decided to put to rest accusations of denying Gengetone Group Sailors logins to their YouTube channel by demanding Sh1.5 million.
Mwalimu Rachel explains why she is demanding Sh1.5 million from Sailors before they part ways
It’s just business, nothing personal- Mwalimu Rachel
In a detailed explanation, Mwalimu pointed out she is not demanding the Sh1.5 Million from Sailors but their new management that has inked a new contract with the group.
According to Rachel, Sailors signed a new contract with another record label behind her back, yet she was the one managing them under her brand MRX Media.
“In October 2019, a certain record label approached my team about signing Sailors. After much deliberation and consultation we thought it would be a good idea to involve them in distribution of their music. We alerted Sailors. We were now as Sailors management having talks and looking at the contracts given to us by this record company. We had asked for certain, very important clauses to be changed in the interest of Sailors because we all know getting in bed with record labels can be tricky. Mind you, this was just as Corona hit and this is where things went south.
While we were in the process of all that, Sailors, led by Miracle Baby, approached this record company and signed a deal with them. Without my knowledge. I was just told by one of the record company’s rep that contracts had been signed and it was a done deal. Wow. Just like that. Ok… Did they even know what they were signing? Did they take the contracts to a lawyer? I highly doubt that but, no need to cry over spilled milk. It was done. Before long a song and video was done by the record company and I uploaded it on their channel, while trying to see how best to work with this new entity. The problem came when they wanted Sailors log in’s to their social media platforms, including YouTube” explained Mwalimu Rachel.
Just business, nothing personal
In her explanation, Rachel mentioned that Sailors New Management wanted to Buy the YouTube Channel at Sh100K, something she declined and quoted Sh1.5M as the fee that will allow her to transfer Sailors Logins to the record label.
“…As a business, that has no binding contract or agreement with a third party, would it really make sense to just hand over log in’s? The simple answer is, no. This record label saw it fit to ask me to sell them the YouTube channel for 100K. As a way of getting them off my back I said the estimated value of that channel and the work my team and I put in it, is 1.5 Million (I’m starting to think I underquoted lol) I was charging the record label that wanted to take ownership of this channel, NOT Sailors. Let’s be clear on this part. I am very ready to cut cords with Sailors, after all it’s just business, nothing personal, but I know theres a proper way to do it. I’m not trying to “hold on” as many would argue. I am simply doing what’s best for my company and the investment we put into them. You don’t simply hand over log in’s and other sensitive material simply because your artist has “moved on”. Equity, Ownership and Return On investment. Read up on that. Hiyo ndio homework kwa sasa” said Mwalimu Rachel in part.
Mwalimu’s statement comes days after she was accused of denying Sailors access to their YouTube Channel.
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