Empire Mates Entertainment, EME chairman, Banky W says the recording deal that his label provides is the best in the country.
This, the R&B singer told soft sell tabloid, City People, when he was asked if the sharing formula was responsible for Wizkid’s alleged decision to leave the label.
‘EME has the fairest recording deal in the country by far. I can go pound for pound and show you the terms that EME artistes including myself even though I own the company, have versus any other recording contract name the recording company.
You don’t do that but I can beat my chest to say EME has the best recording contract in the industry, it is not just true for people to say or hint that any of my artistes are receiving 25%’, Banky W stated.
Still insisting that Wizkid is still a part of the family, Banky also claimed that the EME contract favours the artiste more than the label thereby dispelling the rumour that the youngster’s decision to seek another management and establish his ‘Starboy’ label was based on a ‘sharing-formular’ that Wizkid felt was no more favourable to him.
The issue of Wizkid quitting EME has been a focus of discussion for sometime now, even though both parties are yet to officially address the many questions or convince teeming fans that all is well.