Popular Nigerian singer Olamide has peacefully allowed Asake to terminate his contract and part ways with his record label, YBNL Music
Asake has been given the masters to all his songs recorded under the label, but they will maintain a royalty split on the songs for as long as the contract was intended to run, which is a minimum of 10 years.
Olamide has reportedly said this: “I didn’t create YBNL because I wanted to make money. I created it because I wanted to see other young people grow, so if any artist under me wants to leave, they are free. Asake has done his part, and I’m proud of him.”
Asake has now removed anything concerning YBNL from his social media handles and unf0ll0wed everyone, including Olamide.
This contract was reportedly terminated a few months ago after the release of his Lungu album!
@videowheelstv gathered that following the expiration of Asake’s contract with YBNL, Olamide presented a new contract to the music star to sign, which he declined.
However, Olamide made strenuous efforts to persuade Asake to sign the deal but to no avail.
Asake recently walked out on the negotiations, opting to become independent.
“The final straw happened two (2) weeks ago when Asake walked out completely out of the deal opting to be his own boss”
Asake joined YBNL in 2022 and became famed with his hit song ‘Sungba’, achieving groundbreaking milestones, including the impressive feat of selling out the O2 Arena twice.
See the post below;
See reactions below;
birthdaydating: Label boss are really trying because most times these artists quit the label just when they’re making money for the company forgetting the years of investment in them before they blow. It takes a generous and intentional label boss to let an artist go without a fight.
iamkingdinero1: I remembered that his interview when he say they carry am go meet Olamide as they give am contract he just sign , say Olamide told him read it he say baba no way o he rush sign am Dey cry cause him know say Him life don start , Thank God for those interviews “ BADOO NA BABA o 🙏.
iiam_abisola:Soldier go Soldier come , Another star is about to shine through YBNL 😌.
deejaymeldal: Asake thought he has his own fans not knowing na YBNL fans he Dey use 💯📌.
browpro.ng: Olamide is a very peaceful man, too mature ! ❤️.