Wizkid Signs With Sony Music
After a bidding war between Universal Music and Sony Music, the only Two Major Distribution companies in the world, Wizkid has decided to go with the latter and just inked a global record deal with Sony Music in New York last Tuesday, September 13.
According to sources, Wizkid will receive a 7 figure advance (in US Dollars) and sign to RCA Records who will handle his distribution deal in the United States.
All things being equal, Wizkid will put pen to paper on a mega deal with Sony/RCA tomorrow (Tuesday). Everything is agreed in principle.
— Övie (@OvieO) September 12, 2016
The figures being mentioned in the Wizkid Sony/RCA deal are mind-blowing. Even crazier when u consider the Naira equivalent. Lol
— Övie (@OvieO) September 12, 2016
The deal places Wizkid and Davido on the same platform, which makes things very interesting. (Ayo Jay signed with RCA directly).
— Övie (@OvieO) September 12, 2016
Universal made a strong play for Wizkid (a top exec travelled to London for talks months back), but Sony offered a much better “package”.
— Övie (@OvieO) September 12, 2016
Massive Congratulations to Wizkid on this next phase of his career.
Another win for African Music; this is another step in the right direction.
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