“Latin Artist on the Rise”The complaints mark the latest developments in the short relationship between Castro and Roldán, which started off on a positive note back in July 2020, when Castro signed management, recording and publishing contracts with Roldán’s company, King Records.
However, by 2021, the suit claims that Castro was requesting, and not receiving, financial statements from the label. In November 2021, in an effort to mend things between the two artists, says the suit, the two signed a separate agreement to create a new company, Awoo King Records. Under that agreement, the lawsuit alleges, Castro would have a 50% interest in the company and a majority share in revenue. However, Roldán would still control the finances of the company for the first year.
After Roldán allegedly refused to give Castro the reins of the company, Castro sued. In his complaint, he claims he is owed money from digital distribution agreements and royalties and that the alleged financial improprieties have hurt his career. A tribunal in Medellín is expected to hear the first of the two filed complaints in the coming weeks.
Arango says the legal issues aren’t impeding Castro’s ability to work or record, however. Aside from preparing the release of his single with Peso Pluma, he says Castro is also working on an album, likely due at the end of the year.
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