Friday, April 20, 2012

Mo'Hits Records Lawyer Reveals Deal Details, Calls for Amicable Settlement


                                              
    Mo'hits records lawyer has revealed some details about the whole deal. In an exclusive chat with punch newspaper ,the lawyer has advised both parties to sign over their stakes in their two major companies, Mo’Hits and Koko Holdings, so that each person would hold on to one.
The lawyer states:
   “In Consideration and Mutuality of D’Banj signing over to you (Don Jazzy) his entire stake in Mo’Hits Records Limited, you in return sign over to him your stake in Koko Holdings Limited, with the Catalogue now undifferentiated as between ‘D’Banj’ and ‘non-D’Banj’ sub-catalogues, (which is) in keeping with your express wishes. In view of recent events which are indeed surprising, I think it is an optimal way forward. Before Mo’Hits imploded, the relationship between D’banj and Wande Coal, one of the artistes on the label, had been anything but cordial.The Mushin-bred singer was reportedly rude to D’banj at the height of the success of his debut album, leading to his being placed on suspension from releasing any song. The album was released in 2009 and up till December 2011, no new material came from him except for a collaboration with Ghana group, R2Bees, on the song, Kiss Your Hand. Thus, pitching his tent with Don Jazzy is perceived as getting back at D’banj"
  Wande coal had earlier tweeted God, please don’t let the success you have given me get to my head to the extent that I will forget my humble beginnings".
     In a related news ,D'banj has been listed on Uk's Mercury records website.Mercury records is a record label operating as a standalone company in the UK , Australia  and as part of the The Island Def Jam Music Group in the US, both are subsidiaries of Universal Music Group. Kanye's G.O.O.D music which D'banj is currently signed to is currently under Island Def jam ,hence the partnership with mercury Records in the Uk and his appearance on the website alongside american and british artists like kanye west, Jay z,ludacris,paul Mc Cartney,pure love and many more.

D banj with jay Z ,J.lo fabolous ,justin bieber and other artists on mercury records website

  D banj's Oliver twist has also become a 'big thing' on BBC radio 1 and the track was played on the breakfast show thoughout last week.
More details soon !!!!!

1 comment:

  1. hmm, this is a revelation,guys should just settle once and for all

    ReplyDelete