Confirmed: Zylofon Media Reviewing Contracts Of Talents Signed Onto Label.
According to him, the company is currently undergoing self assesment and review of contracts of individuals signed onto the label like every serious business entity does.
He indicated that he could not tell whether or not contracts of talents signed onto the label will be reduced or increased after the process.
But he mentioned that the contracts are legal binding documents and therefore they need time to go through them in order not to hurt the reputation of talents signed onto the label.
Arnold noted that although the review process is far advanced, there has never been a point in their dicussion where issues with regards to houses and cars given to talents have popped up and therefore he could not tell if they will be taken should the label party ways with some of the talents.