The Reasons Why Wizkid Left Banky W
You must have heard the rumour.
Wizkid’s controversial tweets have led
to speculation that he’s on the verge of
leaving (or has already left) his parent
record label, Empire Mates
Entertainment (EME).
What we know for sure is that Wizkid
has got a management deal with Tinie
Tempah’s “Disturbing London” and he’s
managed in Nigeria by Godwin Tom.
We also know that, at this moment,
Wizkid is still SIGNED to EME. By the
way, he has already re-updated his
twitter profile by removing EME/Konvict
music from it.
However, we got a leak from an insider
source
EME takes 50 percent of everything
Wizkid gets, Osagie used to take 25
percent and Wizkid 25 but Wiz saw
how Davido was popping independently
and making monies so he took matters
in his own hands, took Osagie out, got
Godwin tom, gives him 10 percent, he
is trying to reduce EME’s 50 percent
but they are acting up because they
shoot his video and all expenses are on
them. Wiz is not happy, they are owing
him money from the Pepsi deal and
other deals.
Wizkid has taken matters into his own
hands, he is planning to release an
album this year, but the EME’s calendar
is disrupting him coupled with the fact
that EME does not want to bulge on the
percentage and the money they owe
him. This is business. Wiz might leave,
Banky is getting people to talk to him.
Banky is not the owner of EME, just a
director, there are other people
including Segun and co
