If you ask me how Davido operates when it comes to artistes signed to his label, I will tell you it’s based on percentage since it’s basically about contract under DMW. but reverse happens to be the case here…
Davido took to Twitter to reveal the unexpected, Yes I called it unexpected because it’s very rare you see record labels in Nigeria operates that way, Nobody wants to invest without getting returns.
The DMW boss who is currently doing a question and answer session on Twitter with the hash tag AskDavido was asked a question about the benefits his signed artistes (Mayorkun, Dremo, Peruzzi, Yonda, Idowest) get from him.
The OBO quickly gave a response, revealing he has never collected money from any of his signed artistes as he believes they should use it to invest in themselves, which in turn gives him more fulfilment.
Check it out below:
Fun fact : I HAVE NEVER COLLECTED A DIME FROM ANY OF MY ARTIST RVEN THO THEY R UNDER CONTRACT.. I don’t need the money I’d rather them use it to invest in themselves https://t.co/oa4moWkom7
— Davido (@iam_Davido) January 9, 2019