- Davido revealed that his decision after four years came as afrobeats gained global reception
- He stated that he felt the need to educate his artistes about the business side of the industry
Renowned Nigerian musician, Davido, made a surprising revelation regarding his record label.
With immense success and numerous hit songs under his belt, Davido disclosed that he ran his label for a staggering four years without taking any payment from his artistes.
This selfless act showcases Davido’s dedication and genuine passion for nurturing talent, putting the well-being of his artists above all else.
In an interview with US media figure Steve Stoute, Davido made this claim.
After four years, the singer stated that he felt the need to inform them about the commercial side of the profession as Afrobeats gained popularity around the world.
“You know my label was really more like a family to me. I was young. I was just happy putting my boy on to me, that is what it was really all about for me.
“I ran my label for four years, and I didn’t take one dime from my artistes and I was paying for videos, accommodation and their welfare just because I was happy seeing that my success could rub up on this person, that was money for me.
“But obviously, Afrobeats got to a point now where it is global. So I now have to explain to the artistes these days that this is music business. And you have to spend money to make money,” he said.
In another story, Davido responds to Twitter critic who called out his uncle
The discussion followed the publication of a long Instagram post by a Twitter user criticizing the Osun State government’s performance.
The critic drew attention to the fact that the government had made several audacious claims during the election, particularly the pledge to pay off the state’s debts within a short period of time.