Celebrity Gossip & Gist
“I Paid N20 Million To Be Released From My Former Label” – Singer, Bella Shmurda
Nigerian street artiste, Akinbiyi Abiola Ahmed, popularly called Bella Shmurda, has revealed that he paid a huge sum of money to free himself from the contract he signed with his former record label.
Edujandon.com reports that the ‘Newborn Fela’ crooner was formerly signed to One World Global Records.
Bella said he paid N20 million to the management so that he could be released to be an independent artiste after spending just a year out of his 3-year contract.
According to the singer, he was being cheated by the label because they equally funded his music projects, but One World took a larger percentage of the earnings.
Speaking on Tea with Taymesan podcast, he explained that he would source for N500k as requested by the label and they in turn would bring N500k for production, promotion and other things that need funding.
However, when money starts coming from shows, streaming, endorsement and other areas, they would take 70 percent and give him 30 percent.
Bella said he was not comfortable with that arrangement so he hired a lawyer and bought himself out of One World Global Records.
Follow us on social media:
Pastor cries out as wife strips him naked in front of his congregation, seeks divorce
Man catches his wife on bed with another man, stabs her to death with knife in Imo
Four people badly injured as Nigerians living in Malaysia clash
“Powerful political interests plotting to blackmail Peter Obi” – Aide raises alarm
Tolanibaj reacts to viral video of schoolgirl who names her as role model (Watch)
“Korra slept with a man when she was 5 months pregnant with our daughter, she sleeps around” – Korra Obidi’s estranged husband, Justin Dean cries out (Video)
“Your presence is deeply missed” – Billionaire mogul E Money vows to raise Junior Pope children, pays tribute to late actor (Video)
“It’s confirmed Chief Priest is not small. Money na water” – Cubana Chief Priest boasts as he’s granted N10m bail
-
Celebrity Gossip & Gist1 day ago“He’s a sure giver” – Davido warms hearts as he gifts female fan N58m ($50k) to clear off her student loan
-
News1 day agoTunde Onakoya beats US national chess master as he attempts to break Guinness World Record
-
Celebrity Gossip & Gist1 day agoPortable blows hot as Verydarkman urges him to check paternity of his kids
-
Celebrity Gossip & Gist1 day agoNigerians dig old video of Korra Obidi admitting to cheating on her ex-husband few hours after she denied allegations