Follow @IamQidas

"CONTRACT REVIEW" behind Wizkid and EME split

Facts have begun to emerge regarding the real reason behind Wizkid and The EME boss (Banky W) fallout. The reason is connected with the rising sensational singer (Wizkid) being made a source of cash flow for the EME label. An Insider opened up to Entertainment Rendezvous that Wizkid is at war with Banky W and EME because he wants a contract review which Banky W has refused. The source pointed out that since Ayodeji Balogun popularly known as Wizkid signed with EME, he has been getting just 25% from whatever he gets paid to perform at an event with Banky W. Empire Mate Entertainment EME is owned by Banky W and Segun Demuren,and Osagie Wizzy’s ex- manager who introduced him to Banky after big record labels like Mo-Hits and Storm records rejected him, also gets 25% each from his hard earned money. “It is true they are having problems and this might just be the end of EME and Wizkid. When Wizzy signed a 2- year contract with EME late in 2009, he saw Banky as his messiah because he was nobody in the music industry. It was a 50-50 sharing formula. Then Wizkid didn’t mind because he was bent on building his musical career. In his contract, Banky W promised to take care of his accommodation, feeding and also his school and based on this fact, Wizkid accepted all the terms of agreement. Later, Wizzy sacked his manager, Osagie replacing her with Godwin because he felt she was getting too much. Wizkid was getting just 25% from every show because Banky W would take 50% while Osagie was taking 25%. Wizzy sacked Osagie because she was not ready to receive 10% which other management companies were taking from artistes. This development obviously did not go down well with Banky W but because Wizzy was close to the end of his contract with EME, Banky gave in. When Wizkid’s contract expired late last year, he wanted a contract review requesting the 50-50 sharing formula to be reviewed to 70-30 but Banky would not accept his proposal. This issue had been dragging since September 2012 and that could have explained why Wizkid moved out of Banky’s Ogudu GRA residence and got a new apartment in Lekki. What got Wizzy miffed was that he was making all the money for EME and was getting less. Also, the money being made was being used to finance the project of other EME stars namely, Niyola, Skales and Shaydee.” Apparently Wizkid’s international fame gave him more confidence to stand out on his own. Riding on this platform, he signed a management deal with Disturbing London, an international management company. Right now, his second Album is ready and it is with Banky W. Wizzy is bent on leaving if they don’t agree with his terms and float his own label STARBOI Records. Banky W may not have given their side of the story but insiders noted that Banky has spent a lot to make Wizkid who he is now. He feels Wizkid is not grateful and has forgotten where he was coming from. This is what Leadership Newspaper is reporting. ( This Information allegedly leaked from a close source to EME.) To my own opinion..what matters is where you're going and not where you're from...share your thoughts
Back to posts
[2013-02-20 10:21:38] my head don knock :

Dis guy (Wizkid) head dey dere ..y person go reap watin him no sow ...Banky won over chop from small money Wey him contribute

[2018-03-07 12:12:02] Ramona Jordan :

I discovered your "CONTRACT REVIEW" behind Wizkid and EME split - Music and Lifestyle page and noticed you could have a lot more traffic. I have found that the key to running a website is making sure the visitors you are getting are interested in your subject matter. We can send you targeted traffic and we let you try it for free. Get over 1,000 targeted visitors per day to your website. Check it out here: http://insl.co/11 Unsubscribe here: http://stpicks.com/2ruse

[2018-03-14 02:13:18] Ramona Jordan :

This is a comment to the "CONTRACT REVIEW" behind Wizkid and EME split - Music and Lifestyle webmaster. Your website is missing out on at least 300 visitors per day. Our traffic system will dramatically increase your traffic to your site: http://xahl.de/p - We offer 500 free targeted visitors during our free trial period and we offer up to 30,000 targeted visitors per month. Hope this helps :) Unsubscribe here: http://xahl.de/q

[2018-04-15 16:46:50] KelTumuby :

Viagra Ohne Rezept Aus Deutschland <a href=http://tadalaffbuy.com>cheapest cialis</a> Where Can I Buy Alli Diet Pill Can You Buy Cialis In Cebu Pharmacy

Post a comment

Follow @IamQidas About me
Advertise now
Promote your songs

Add on bbm 25faf7bb

pacman, rainbows, and roller s