Ryan Castro Sues King Records for Breach of Contract
Written by djfrosty on June 30, 2023
Colombian urban artist Ryan Castro has sued King Records, the indie label belonging to fellow Colombian artist Kevin Roldán for breach of contract of his management and label agreements in two separate complaints. The lawsuits — filed in Medellín, Colombia, in April and May, respectively — both name King Records, which is Roldán’s label.
A third suit, arguing breach of contract in terms of publishing agreements, is expected to be filed in the coming weeks, according to Castro’s attorney and manager, Leo Arango.
The lawsuits come as Castro is hitting new career highs. On July 7, he’s slated to release a new single, “Chimba de reggaetón” with Mexican star Peso Pluma (to be distributed by Sony Latin), while earlier this year he released both the “Corazón Roto” remix with Brray and Jhayco and “Ojitos Rojos” with Blessd. Additionally, he was named a Billboard “Latin Artist on the Rise” in June 2022.
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.
Castro’s career flourished thanks to hit singles like “Mujeriego,” which was distributed by Sony Music Latin. However, the suit alleges that Awoo King Records was still not providing proper accounting to Castro, who says he was still owed monies from King Records. The complaint further alleges that in August 2022, Castro’s attorneys realized that funds from Awoo King Records had been taken out of the company without Castro’s knowledge or authorization, draining some of the money needed to support his career.
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.
Roldán’s attorney, Pold Alexander, declined to comment for the story.