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Nigerian singer David Adeleke, better known as Davido, announced that he intends to repurchase his music masters from the foreign record label Sony before he retires.
During an episode of the Long Form podcast, Davido highlighted the importance of ownership in the music industry.
He explained that he plans to buy back his masters and allocate the resulting music royalties to his children once he steps away from performing.
“I have a good music contract. But the most important thing is ownership. I plan to get my masters back from Sony soon. With that I can give each of my kid songs they will keep earning royalties from even after I retire,” he said.
Davido also stressed that the business side of music should be approached with seriousness.

5 days ago
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