Nigerian music star Davido, whose real name is David Adeleke, has revealed plans to buy back the rights to his music masters from his international record label, Sony, before he retires from the music industry.
Speaking on an episode of The Long Form podcast, the Afrobeats singer stressed the importance of ownership in the entertainment business, describing it as a crucial part of long-term success.
Prompt News reports he explained that his goal is to regain control of his masters so he can pass the benefits of his music catalogue to his children in the future.
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“I have a good music contract. But the most important thing is ownership. I plan to get my masters back from Sony soon. With that I can give each of my kid songs they will keep earning royalties from even after I retire,” he said.
Davido also noted that artists must take the business side of music seriously, not just the creative aspect.
