Business
Davido reveals plans to buy back music masters from Sony
Nigerian Afrobeats superstar Davido has revealed plans to buy back the rights to his music masters from his foreign record label, Sony Music, before retiring from the music industry.
The singer made the disclosure during an episode of The Long Form podcast, where he discussed ownership, legacy, and long-term financial planning in the music business.
Davido emphasised that control of intellectual property remains one of the most important aspects of a sustainable music career.
He explained that while he currently has a favourable contract, his long-term goal is to regain full ownership of his music catalogue.
According to him, owning his masters would allow him to structure future earnings in a way that benefits his children even after he exits the industry.
In his words, he said he plans to recover his masters from Sony Music and ensure that his children continue to receive royalties from his work long after his retirement.
The singer noted that he intends to assign portions of his music catalogue to his children so they can continue to earn from it independently.
Davido also stressed that many artists often overlook the business side of music, warning that ownership is just as important as fame and success.
He added that understanding contracts and long-term rights is essential for any serious musician who wants to build lasting wealth.
The discussion has sparked renewed conversations about music ownership and artist rights within the global entertainment industry.
Davido’s remarks highlight a growing awareness among artists about the importance of retaining control over their creative output and financial future.
-
News15 hours agoBREAKING: NLC Disrupts Lagos Flight, Air Peace Passengers Stranded
-
News15 hours agoSecurity Operatives Abandon Kebbi Highway Over Lakurawa Attacks
-
Metro15 hours agoHow Female Student Died On Lagos Campus – Law School
-
Business15 hours agoDangote, NUPRC differ over Q2 crude supply
-
News15 hours ago17 Bandits, 10 Police Officers Killed In Zamfara
-
News15 hours agoPFIPC: Atiku raises concern over loopholes in Tinubu’s government
-
Metro14 hours agoUncertainty over Peller and Jarvis’ new N400m Abuja mansion as ‘original land owner’ storms court, petitions Tinubu, Wike
-
Business14 hours agoFinance Ministry Queries NAICOM, Suspends 1% Capital Fee, Escrow Directive
