Last month, Wiz Khalifa filed a lawsuit against his former manager Benjy Grinberg and his ex-label, Rostrum Records, citing mismanagement and seeking more than $1 million in damages. In new documents obtained by Billboard on Wednesday (June 29), Grinberg and Rostrum Records are looking to recover “millions of dollars in unpaid monies” from the Pittsburgh rapper.
“Thirteen years ago, we started Rostrum Records as a label that would support and nurture the artists we believe in,” Grinberg says in a statement sent exclusively to Billboard. “We are very grateful that Rostrum has been able to achieve that goal and provide a strong, family atmosphere where meaningful relationships with the artists is our top priority.”
Grinberg, who launched Rostrum Records in 2003 and signed Wiz Khalifa in 2005, continues, “To give everything you have to an artist and then be on the receiving end of a fabricated lawsuit is deeply disappointing. What was alleged is, in fact, the complete opposite of our actions and the antithesis of what Rostrum Records and I stand for. Rostrum looks forward to quickly addressing these baseless claims so we can continue to focus our energies on our artists’ success.”
The documents also state that Rostrum Records is entitled to receive 15 percent of royalties that Wiz has earned through music sales, touring and merchandising. Wiz’s lawsuit is also described as an “attempt to evade paying millions of dollars” that he owes to Rostrum. Grinberg and the label will be taking the claims to a Los Angeles court at a hearing on Aug. 1.
Billboard has reached out to Wiz Khalifa for comment.