Why many Nigerian record labels are folding up – Id Cabasa

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Ace Nigerian music producer, Olumide Ogunade, popularly known as Id Cabasa has waded into the ongoing debate about the short lifespan

ID Cabassa, who became famous in the 2000s as the hitmaker behind acts like 9ice, Jahbless, 2shotz, Banky W, Lord of Ajasa, and Olamide, said most Nigerian record label owners only have the money but lack the requirements needed to run their businesses.

During the chat, ID Cabassa, who dropped his comeback single in 2019, said most record labels only started with the intention of showing the world what they can achieve. “Number one thing is to realise that we’re created for relationships, as humans. This is a community where each person needs the other person. When we realise that we were created to be dependent on each other, we will realise that when we get into the business, we need to respect that human value.

He said artistes approach the label owners with “the hustle spirit” and the big dreams of making it big in the industry without placing values on the table. He also said label owners on the other hand also want to make money off any artiste that comes up without plans of building as many talents as they can.

“To every record label and artiste, it is better to lose an argument than to lose a relationship. You don’t know which guy will help you tomorrow.”

Source: Entertainment Trends (entertainmenttrends.net)

 

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