American businessman Corey Todd has chosen to immediately dissolve his business partnership with Adidja Palmer a.k.a Vybz Kartel in the wake of alleged threats made against Todd’s life.
“I cannot be associated with or do business with someone I don’t trust. Kartel and I haven’t seen eye to eye in a while, and late last week, after a disagreement, he threatened me on the phone because I “refused to tek chat”. I don’t take kindly to threats against me and my family, and I have contacted my lawyers and the relevant authorities to deal with this issue immediately,” Todd said.
“I am my own man, I have never worked for Vybz Kartel, I helped to
build his career, but I was never about the division in music, or his
need to pigeonhole everything as Gaza or not Gaza. I don’t understand
the creative direction he’s moving in with regards to his image or his
music. I don’t know this new Vybz Kartel, I haven’t known him for
quite a while. Enough is enough. I wish him the best with his career,”
Todd and Palmer started the Unlimited Daggering company three years
ago to manufacture, market and distribute Street Vybz Rum. The company
also employs several people at a St. Andrew-based factory. The two
also operate the Building nightclub in New Kingston.
Todd sought to reassure his workers that he would find employment for
them in his other business ventures if they are displaced.
‘I am not keeping any events at the Building nightclub for the
foreseeable future, I am not doing anymore business with Vybz Kartel.
However, I will be doing another product soon, so I am moving forward
and I hope to work with other artistes to help build their careers as
well,” he said.
Todd has been in business with the entertainer for the past four years and according to the businessman, it was he who helped create the successful career Kartel now enjoys. That success, he says, seems to have gone to the artiste's head causing him to change.
Todd tells the star that he has pumped millions of dollars into building Kartel's career, making him into the most popular entertainer in dancehall today. Together, the two built an empire that included The Building nightclub that hosted the popular Street Vybz Thursdays that is videotaped and aired on the Flow Cable network on Channel 584.
The two were also partners in Street Vybz Rum, an alcoholic beverage that has steadily been gaining market share locally. He said those ideas were his, not Kartel's. Now, the future of those ventures is uncertain. "I am not keeping any event at The Building nightclub for the foreseeable future; I am not doing anymore business with Vybz Kartel. However, I will be doing another product soon, so I am moving forward and I hope to work with other artistes to help build their careers as well," Todd said.
According to the American, for the past several months Kartel has been displaying destructive behaviour including describing his fans as puppets, abusing disc jockeys at The Building if his songs are not played and wanting Todd to rehire 'a trouble-making crony' whom he fired months ago.
"He has also surrounded himself with 'yes men' who keep stroking his ego," Todd says. "He's lost it."
The businessman, who said he has spent millions creating 'a movement' ,says he will lose millions more because of the dissolution of this partnership but that pales in comparison to what he stands to lose if he remains in business with the entertainer.
"I will lose millions, tons of money but I am not motivated by money. Money does not define me. I built this and I will build it again," Todd said. "I don't know this new Vybz Kartel; I haven't known him for quite a while. Enough is enough. I wish him the best with his career."