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The fallout following the fiasco that turned out to be the One Caribbean Music Festival has left many within the entertainment fraternity engaging in some reflection.
Vybz Kartel’s non-appearance, and the subsequent pullout of other top-billed acts for the May 31 event, has already placed the promotion team in a financial pickle. However, some even pondered if the team would have made a profit on the event given the revelation by Jacho Entertainment team on Saturday that the Jamaican star had already received US$950,000 of his US$1.35 million performance fee, after the dancehall star’s management issued a statement that the artiste, real name Adijah Palmer, would not be coming due to a breach of contract.
Based on the current exchange rate this meant Kartel was paid approximately $6.45 million in, while his overall fee would have been $9.18 million.
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