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Adewale Adeleke, bargain accepted as Chairman HKN, has said his brother Davido is not active Davido Music Worldwide (DMW) as a almanac label, but rather as a alms organization.

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 Record Label Agreements - record label contracts for artists

Record Label Agreements – record label contracts for artists | record label contracts for artists

Chairman HKN said this during a alive Instagram account with Ubi Franklin, the architect of Made Men Music almanac label, which was monitored by THE WHISTLER.

The duo was accepting a altercation on the contempo adventure amid almanac characterization buyer and artisan manager, Jude Okoye, and his above artist, Cynthia Morgan, who now prefers to be alleged Madrina.

Franklin had arrive almanac characterization CEOs on the alive account to air their angle on the bearings in the Nigerian music industry area artists and almanac labels generally end up in the courts or affray afterwards signing affairs to do business together.

He asked Chairman HKN to analyze letters that Davido does not assurance affairs with his artists and that the DMW bang-up additionally does not booty money from those active to his label.

Chairman HKN said, “Davido runs DMW like a alms organization. He doesn’t booty money from his artists,” abacus that, “David runs DMW like an NGO.”

He acclaimed that his brother was alone allowance artists active to DMW, and was not absolutely afterwards profit.

Adewale said he was additionally active HKN Music which he co-owned with Davido with the aforementioned model, but that he had to restructure because he could not allow to be throwing money about the way his brother does with DMW.

Earlier on the interview, Jude, who is the ancient brother of the asleep singing duo PSquare and who has been at the accepting end of criticisms in the Cynthia Morgan saga, had said until labels use some artists as scapegoats, they wont stop defying the agreement of their affairs afterwards acceptable successful.

Jude additionally vowed never to assurance any artisan afresh after demography a accessory from their families to defended his investment.

He had said that he was yet to compensate about N40 actor he invested in Cynthia Morgan’s career back they beggared means in 2017.

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