Afrobeats singer, Bella Shmurda, says he paid N20 million to prematurely exit a contract with his former record label., spoke of the early days of his breakout in the music industry.
Shmurda said he paid up to N20 million to quit a three-year contract after spending just a year with the music label. “Today, I’m an independent artiste. I had this label but they weren’t doing well to my taste. I would want to shoot a video but they’d bring N500,000 and make me hustle N500,000. It’s not a label. It was a partnership.
“I signed for three years and did just a year. I got a lawyer and cleared myself. I paid about N20 million.”“I used to have money, like enough money but I rushed things. As I was getting the money, I was just buying a lot of things; things I wouldn’t eventually need,” he had said.