Deal sheet
- Status
- Contested: court order of 16 July 2026 holds the 2016 contract binding and orders ₦319m paid, but sources disagree on whether it is final or interlocutory. Not appealed on the record as of this writing.
- Type
- Settlement
- Parties
- Eric Many Limited, Soundgod Music Group
- Amount
- ₦266,694,755.08 (outstanding recoupment balance of the label investment and expenses) plus ₦50,000,000 general damages and ₦3,000,000 costs, approximately ₦319.7m in total, all payable by Runtown (Douglas Jack Agu) to Eric Many Limited, reported as attracting 10 per cent annual post-judgment interest until liquidated. Note: only one of four sources read carries the kobo-level breakdown and the interest rate; two others report ₦53m as an undifferentiated costs-and-damages figure, which reconciles arithmetically with ₦50m + ₦3m but is not independently confirmed at that granularity.
- Rights covered
- Not a transfer of rights. A 16 July 2026 order of the High Court of the Federal Capital Territory, Abuja (Justice O. A. Musa) in the long-running dispute between Eric Many Limited and Runtown (Douglas Jack Agu).
WHAT THE COURT FOUND (per trade press accounts of the order): (1) CONTRACT STATUS. The recording agreement executed between the parties in June 2016 "remains valid and binding" and "has not been terminated in accordance with the provisions of the agreement". This is a declaration about the subsistence of a contract, not a finding of ownership in any sound recording. (2) MONEY. Payment ordered from Runtown to Eric Many of ₦266,694,755.08 as the outstanding unrecouped balance of the label investment and expenses under the contract, plus ₦50,000,000 general damages and ₦3,000,000 costs. Direction of payment is artist to label; three of four sources state this explicitly and none states the reverse. (3) TRADEMARK. The court declared that the name and trademark "RUNTOWN" belong to the label under the agreement, on the basis that the artist had assigned the relevant licensing rights and then attempted to register his own professional name as a trademark. (4) SPECIFIC PERFORMANCE. Delivery of master recordings sufficient for ONE ALBUM, the undelivered album the label has claimed since 2018. (5) RESTRAINT. Runtown restrained from recording, performing at concerts or engaging in commercial music activity outside Eric Many management until his obligations are fulfilled. (6) BREACH FINDINGS: the attempted trademark registration; collaborations on "Call Me" and "Weekend" without notifying the label; bookings handled during the contract term through the artist own company, Sparrow Media.
SCOPE LIMIT, IMPORTANT: no source read reports the court making any general declaration that Eric Many owns the whole of Runtown recorded output. The masters order is confined to one album. Ownership of the catalogue Runtown has released independently since, including through Soundgod Music Group, is NOT addressed by this order on the record available, and remains open. Runtown publicly refused on 30 July 2026 to give the label "passwords and access to my catalogue", indicating that de facto access sits with him.
DISPUTED / UNRESOLVED: whether the 16 July document is a final money judgment or an interlocutory order operating pending final determination. Two sources use interlocutory language ("pending final determination"; obligations binding "until the legal dispute is finally determined"); one presents it as a judgment carrying general damages and post-judgment interest, which are features of a final judgment; one is silent. This contradiction is unresolved and is published as a finding.
PROCEDURAL HISTORY on the public record: signed 2014 on a reported multi-million-naira 360 deal at a reported 60 per cent revenue share to the label; debut album Ghetto University November 2015; breakdown and interim restraining orders 2016; "Mad Over You" released November 2016; 2018 suit claiming the same ₦267m figure; 23 January 2019 the same judge suspended performance restrictions; 18 January 2024 the Court of Appeal set aside interlocutory orders restricting performances; 16 July 2026 first-instance restraint reimposed. Neither the 2024 appellate order nor the 2026 order has been read directly by this desk.
- Territory
- Nigeria
- Announced
- 2026-07-16
- Primary document
- Trade press
- Sources
- Leadership (Nigeria), trade report of the 16 July 2026 FCT High Court order, carrying the court and judge, the holding that the June 2016 recording agreement remains valid and unterminated, the ₦319m total payable by Runtown to the label, and the declaration on the RUNTOWN name and trademark · WithinNigeria, 31 July 2026. The only source read carrying the kobo-level breakdown (₦266,694,755.08 + ₦50m general damages + ₦3m costs) and the 10 per cent annual post-judgment interest. Also carries the one-album masters delivery order, the breach findings (attempted trademark registration, "Call Me" and "Weekend", Sparrow Media bookings), the full 2014-2026 procedural timeline including the 23 Jan 2019 suspension and the 18 Jan 2024 Court of Appeal set-aside, and Runtown's 30 July 2026 response in full. Presents the 16 July document as a judgment. · MyTimeNG. Confirms direction of payment (Runtown to Eric Many Limited) and the ₦266m / ₦53m split. Carries interlocutory language: Runtown "must continue to comply with every obligation contained in the contract until the legal dispute is finally determined". Also corroborates that the ₦266,694,755 figure was already being asserted by the label in 2018 against a 22 June 2018 contract expiry. Names the entity Eric Many Limited and, in the trademark passage, Eric Many Records. · TheNet.ng. Corroborates the ₦319m total and that Runtown remains bound by the contract; carries his "Keep Trying" response. Names the entity Eric Many Limited in structured data. Gives no breakdown and does not characterise the order as final or interlocutory. · Music In Africa. Source for the Soundgod Music Group company record: launched by Runtown June 2018, described as a "360 entertainment company", announced alongside the charity We Are New Africa (WANA). Also notes the label was claiming approximately ₦266,694,755 against a 22 June 2018 contract expiry at the time of the launch. · The Guardian (Nigeria). Corroborates the Soundgod Music Group launch and the We Are New Africa charity; dates the launch to 27 June 2018.
Read this before citing: THE PRIMARY DOCUMENT WAS NOT OBTAINED. This record rests entirely on trade press reporting OF the 16 July 2026 order, not on the order itself. No copy of the judgment or enrolment order, and no court docket entry, was read by this desk. Source type is recorded as "trade" for that reason and must not be upgraded to "filing" unless the document is actually pulled.
NO SUIT NUMBER FOR THE 2026 PROCEEDING. None of the four accounts read carries a suit or case number for the 16 July 2026 order. The 2018 Lagos proceeding is reported elsewhere as FHC/L/CS/267/2018, but that is a different court (Federal High Court, Lagos) from the FCT High Court, Abuja court that made this order, and the two must not be conflated. The 2026 suit number could not be established.
FINAL OR INTERLOCUTORY: UNRESOLVED, AND PUBLISHED AS A CONTRADICTION. Two sources describe an order operating pending final determination (one frames it as made while the matter is still before the court; MyTimeNG says Runtown "must continue to comply with every obligation contained in the contract until the legal dispute is finally determined"). WithinNigeria presents the same document as a judgment carrying general damages and 10 per cent post-judgment interest, both features of a final judgment. TheNet.ng does not characterise it. This desk could not determine which is correct without the document. It materially affects whether the ₦319m is enforceable now.
DIRECTION OF PAYMENT: RESOLVED, NOT A DISCREPANCY. A prior working note flagged possible ambiguity in one outlet phrasing over whether the ₦53m ran to Runtown rather than from him. On re-fetch this session that ambiguity did not survive: Leadership states the ₦266m is "payable by Runtown to Eric Many Entertainment" and the ₦319m total is "owed by Runtown to the label"; MyTimeNG states payer Runtown, payee Eric Many Limited; WithinNigeria is unambiguous. No source read states the reverse. Recorded here so the earlier flag is not re-raised.
GRANULARITY DISCREPANCY ON THE ₦53m. Only WithinNigeria splits the ₦53m into ₦50,000,000 general damages and ₦3,000,000 costs, and only WithinNigeria reports the 10 per cent post-judgment interest. Leadership and MyTimeNG report ₦53m as a single costs-and-damages figure. The split reconciles arithmetically but is single-sourced.
COUNTERPARTY CORPORATE NAME NOT ESTABLISHED. The same company appears across sources as "Eric Many Entertainment" (Leadership, WithinNigeria), "Eric Many Limited" (MyTimeNG, TheNet.ng structured data) and "Eric Many Records" (MyTimeNG, trademark passage). No CAC search was run; Nigeria CAC has no public API and manual lookup was not performed. The registered corporate name, RC number and shareholding are unverified, as is the attribution of ownership to Prince Okwudili "Dilly" Umenyiora, which rests on trade attribution only.
SCOPE OF THE MASTERS ORDER. The order as reported requires delivery of master recordings sufficient for ONE ALBUM. It is NOT reported as a declaration that Eric Many owns Runtown entire catalogue. Ownership of recordings released independently since 2018, including via Soundgod Music Group, is not addressed by any source read and must not be asserted.
TRADEMARK REGISTRY NOT CHECKED. The court is reported to have declared that the "RUNTOWN" mark belongs to the label. No search of the Nigerian trademarks registry was run to establish what the register actually records, or the status of the artist reported registration attempt. A court declaration and a registry entry are different things.
MUSICBRAINZ / RIGHTS REGISTRY NOT RUN. No MusicBrainz or PRO repertory resolution was attempted for the Ghetto University or post-2018 releases; label credits on the recordings were not independently checked this pass.
DELIBERATE EXCLUSION. An unverified allegation circulating alongside this story, unrelated to the ownership and money questions and unsupported by any document read, has been excluded from this record and from the published piece as an editorial decision. It is out of scope for this beat and carries legal risk.
On 16 July 2026, a judge at the High Court of the Federal Capital Territory in Abuja held that the recording agreement Runtown signed with Eric Many Limited in June 2016 remains valid and has not been terminated in accordance with the agreement, ordered the artist to pay the label roughly ₦319m, declared that the name and trademark “RUNTOWN” belong to the label, and ordered him to deliver master recordings sufficient for one album. Runtown says he is handing over nothing. And the accounts of the order read for this piece do not agree on the single most consequential question: whether this is a final money judgment or an interim order binding him only until the case is finally decided.
What the order does
The order does four separate things, and they are four different legal relationships.
First, a declaration about contract status. Justice O. A. Musa held that the recording agreement executed in June 2016 “remains valid and binding” and “has not been terminated in accordance with the provisions of the agreement.” That is not a finding about who owns any recording. It is a finding that the contract Runtown says he left is still running, and that he remains subject to its obligations.
Second, a money order. The court ordered payment of ₦266,694,755.08 as the outstanding balance of the label’s investment and expenses not yet recouped under the contract, plus ₦50,000,000 in general damages and ₦3,000,000 in costs. Every naira runs from Runtown to Eric Many Limited. Three of the four accounts state that direction explicitly; none states it the other way. One reports 10 per cent annual post-judgment interest until the sum is liquidated.
Third, a declaration about a trademark. The court declared that the name and trademark “RUNTOWN” belong to the label under the agreement. The route to that finding, on the fuller accounts, is that the artist had assigned the relevant licensing rights to the company under the contract and then attempted to register his own professional name as a trademark anyway. That attempted registration is itself one of the breaches found.
Fourth, specific performance and a restraint. He was directed to deliver master recordings sufficient for one album, and restrained from recording, performing at concerts or engaging in commercial music activity outside the label’s management until his obligations are fulfilled.
The masters order covers one album, not a catalogue
This is the point most likely to be reported wrongly. The court ordered delivery of masters sufficient for one album, the undelivered album the label has said since 2018 it was owed. No account read for this piece reports the court declaring that Eric Many owns the whole of Runtown’s recorded output, including material released after he went independent.
The trademark declaration and the masters order do different work. A court can hold that a company controls a stage name, and separately that an artist owes it one album, without deciding who owns every track cut in the intervening decade. On the current record, catalogue ownership is open, and Runtown’s own response points at that gap. Writing on 30 July 2026, he said “you think after 9 years I’ll give you passwords and access to my catalogue?? Lol nice try… Keep trying,” and accused the label’s owner of deceiving people with “fake court orders.” That is a refusal to comply rather than a legal answer, but it confirms that access to the catalogue sits with him, not the label.
The finding the sources will not settle: is this final?
Here the record contradicts itself. Two accounts describe an order operating pending final determination. One frames the 16 July document as made while the matter is still before the court. Another says Runtown “must continue to comply with every obligation contained in the contract until the legal dispute is finally determined.” That is interlocutory language, describing a position held while a trial runs.
A third account presents the same document as a judgment, with general damages and post-judgment interest attached. Those are the furniture of a final judgment, not an interim order. A fourth reports the ₦319m total without characterising it either way.
Both cannot be true. Either the ₦319m is an enforceable final award now accruing interest, or it is part of an interlocutory package governing conduct while the substantive case continues. Which one it is determines whether the label can enforce against the artist’s assets, and whether the restraint on performing is temporary or settled. This desk could not resolve it, because the underlying court document was not obtained.
An appeal court removed performance restrictions in 2024
The restraint is not new, and it has been undone before. Runtown signed in 2014 on a multi-million-naira 360 deal reported at a 60 per cent revenue share to the company; Ghetto University arrived in November 2015; the relationship broke down through 2016, with the label obtaining interim restraining orders and “Mad Over You” released that November regardless; a fresh suit followed in 2018 claiming the same ₦267m.
Then, on 23 January 2019, the same judge suspended the restrictions barring him from performing. On 18 January 2024, the Court of Appeal set aside interlocutory orders restricting his performances. In July 2026, the first-instance court reimposed a restraint. This desk read neither the 2024 appellate order nor the 2026 order directly, so their relationship cannot be stated as established. But the public sequence is an appellate court removing performance restrictions and a lower court putting them back roughly thirty months later, a tension either side’s lawyer would want explained before treating the July order as settled.
One number, unchanged since 2018
The ₦266,694,755.08 recoupment figure is not a 2026 calculation. It is the same figure, to the kobo, the label asserted publicly in 2018, when it said the contract was due to expire on 22 June 2018 with that amount still outstanding and an album undelivered. The order awards the sum as pleaded. Whether it was tested, audited or simply adopted cannot be determined without the judgment text.
Recoupment is the engine of this dispute. Under a 360 deal of the type described, the label’s spending sits as a debt against the artist’s earnings until it clears. An artist can be commercially successful, as Runtown was, and still be in the red on the label’s ledger, because the ledger is the label’s and the artist rarely gets to audit it.
What is established, and what is not
Established from sources fetched and read directly: the 16 July 2026 date, the court and judge, the holding that the June 2016 agreement remains valid and unterminated, the ₦319m total and the direction of payment from artist to label, the declaration on the “RUNTOWN” name and trademark, the one-album masters delivery order, the restraint on commercial activity, the breach findings on the attempted trademark registration, the “Call Me” and “Weekend” collaborations and bookings handled through Sparrow Media, and Runtown’s 30 July response in his own words.
Not established, and not asserted: the suit number, which no source read carries. The primary court document, which was not obtained, so this record rests on trade press reporting of the order rather than the order itself. Whether the order is final or interlocutory. The kobo-level breakdown and the 10 per cent interest rate, carried by only one of the four accounts, the others reporting ₦53m as an undifferentiated costs-and-damages figure that reconciles arithmetically but is not independently confirmed. The registered corporate name of the counterparty, appearing across sources as Eric Many Entertainment, Eric Many Limited and Eric Many Records, with no CAC record checked. Whether the Nigerian trademark registry records the mark in the label’s name, as opposed to a court declaring that it should. And who owns the masters of what Runtown has released through Soundgod Music Group, the imprint he launched in June 2018. Allegations circulating alongside this story that fall outside the ownership and money questions, and that could not be verified against any document, are deliberately excluded.
What this means for artists
Walking away does not terminate anything. Runtown announced his exit, launched his own company and released a decade of music independently. None of that ended the contract. A recording agreement ends the way the agreement says it ends: by notice, by expiry, by a termination clause properly exercised, or by a court. Acting as though a deal is over is not a termination, and a court can say so in 2026 about a document signed in 2016.
Your name may not be yours. The most damaging line here is not the money, it is the declaration that the stage name belongs to the company. If an agreement assigns rights in a professional name and the artist later tries to register that name independently, the attempt can itself be found to be a breach. Before signing, know whether the name is licensed to the label for the term or assigned outright, and get that in writing separately from the recording clauses.
Recoupment balances do not expire when the term does. This contract was reported as due to expire in June 2018. The claim survived it by eight years and is now the largest number in the order. An unrecouped balance is a debt, and a term ending does not extinguish it. Ask for an audit right at signing, because the only figure ever litigated is the one on the label’s books.
Finally, appellate wins are not permanent. Restrictions set aside on appeal in 2024 reappeared at first instance in 2026. In a dispute running a decade across at least three courts, no single order is the end of it.
