Asem, Lynx Entertainment Battle Over Glo Money

Lynx Entertainment would very soon threaten a legal action against former label member, Asem, if their demands were not met in the coming week, myhiworld.com EXCLUSIVE! gathers. The Achimota-based music outfit, which ended its management/production contract with the artiste, is demanding a 40% share of GHC35,000 Asem received from Globacom as the second and final installment of his contract fee for the two-year deal, the "No More Kpayor" rapper signed with the telecom company. In June 2009, Nana Wiafe Mensah Asante a.k.a Asem was one of sixteen Ghanaian showbiz personalities (including actors and actresses) who signed endorsement deals with yet-to-commence-operation telecom company, Globacom, own by Nigerian Business Conglomerate, Mike Adenuga. This deal occurred when he was signed on Richie's Lynx Entertainment. Asem entered an agreement with Lynx Entertainment giving them 40% of all and very income they received on his behalf, a reliable source close to Asem told Hi Newspaper. This included businesses dealt with Glo. When he received the first installment of the Glo money, Lynx received its share accordingly, our Lynx and Wobeda Ntem Records sources hinted. Asem's deal with Lynx Entertainment was supposed to be up until November 2011, while his business with Glo is due June 2011.