By Seun Oremade, exclusive to Nigerian Entertainment Today
Sometime last week, I had a discussion about starting a record label with one of my friends in the entertainment industry. He is someone who has done fantastically well for himself over the years and I have grown to respect his opinions.
Sadly enough, he convinced me against the idea. He gave some valid reasons ranging from issues of distribution, lack of respect for contracts, lack of proper structures, amongst other reasons. I was almost convinced but a part of me still had questions. Questions maybe not for him but for myself and some other people. Questions I might need to ask publicly and hope that someone, somewhere, might be able to help me answer.
The first thought that crossed my mind was, despite the success and growth experienced in the Nigerian music industry, how come there are no big record labels in Nigeria? Gone are the days when Storm Records, Kennis Music, Westside, Question Mark and Trybe Records were the big players in the game. These record labels had a good roster of artistes and seemed to be heading the industry in the right direction. Only Kennis Music has managed to survive among them all. ~What went wrong?
Today, arguably, the biggest record label presently in Nigeria based on its artiste …Read More
Source:: The NET