An former employee of UMG said, “We signed a contract between King TMD and the Universal Music Group for music licensing and management outside germany.” King TMD has signed a recording deal with the Universal Music Group to release his upcoming single disc and video "ITSAYN" I'm tha s*** and you not!? The specific terms and conditions were not disclosed. Internet rumors saying, King TMD signed a record deal worth 3 million dollars with UMG. King TMD said on his Facebook status yesterday "I have no contract with Universal! Internet rumors are funny!" Currently, he has over 180,000 subscribers on Facebook and thousands of followers and fans on Twitter, Instagram, Facebook Fansite and more. Such a large fanbase and money without major deal?!
Official site (www.kingtmd.com)
What do you think of this story?
Select one of the options below. Your feedback will help tell CNN producers what to do with this iReport. If you'd like, you can explain your choice in the comments below.
Be and editor! Choose an option below: