By Jimmy
Renowned Nigerian musician, Davido, has 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.
According to him, he felt the need to educate his artistes about the business side of the industry
This selfless act showcases Davido’s dedication and genuine passion for nurturing talent, putting the well-being of his artists above all else.
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Davido made this claim in an interview with US media figure Steve Stoute. He 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, and 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.