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R. Kelly

Source: RCA Records

And it don’t stop! R. Kelly’s Sony Music royalties have been seized to pay off a large debt. Kells stopped paying on that Chicago studio that he was renting and they want their money now.

 

R. Kelly

Source: PG / Splash

According to court documents obtained by The Blast, Kelly’s former landlord, Midwest Commercial Funding recently issued a subpoena to Sony Music Holdings, Inc and was able to get the music company to freeze $264,535 in Kelly’s biannual royalty account.

Midwest was still owed on a judgment of $173,855.08. Midwest was able to collect $154, 527.22 from one of Kelly’s Bank of America accounts after a “turnover order” was issued and collected the remaining $52,431.55 from the Sony account. Once this is paid, Kelly’s debt would be paid in full.

 

R. KELLY’S SONY MUSIC ROYALTIES SEIZED was originally published on www.mycolumbusmagic.com

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