Davido: I ran label for four years without taking a dime from my artistes

Davido: I ran label for four years without taking a dime from my artistes 

The Nigerian prominent  Afrobeats singer, Davido, has said that he ran his record label, DMW for four years without collecting a dime from his artistes.

Davido stated this in an interview with a US media personality, Steve Stoute.

The singer added that as Afrobeats gained global reception, he felt the need to educate them about the business side of the industry after four years.

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“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.

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“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.

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Davido record label, DMW was established in 2016, and has served as the home to sensational music talents such as Peruzzi, Dremo, Mayorkun, among others.

Author: leo sis

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