Video: Davido offered me a record deal but I turned it down – Singer, Barry Jhay

Nigerian singer, Barry Jhay has said that he turned down a record deal that DMW founder, David ‘Davido’ Adeleke offered him years ago.

He said that he rejected the deal because he was not ready to be in competition with other artistes signed to the record label.

Barry made this known during a chat on Echo Room as he noted that the last musician Davido signed at the time was Peruzzi.

He and Davido had worked on a song ‘Only You’ and OBO was impressed so he got his lawyer, Prince to draw up a contract, but the deal did not go through.

According to the singer, there was too much competition amongst Mayorkun, Peruzzi and others in DMW which he was not comfortable with.

He further explained that when the ‘FEM’ crooner tried to sign him, he felt that was not what he needed even though OBO and everyone in the music label supported his career.

Watch the interview below:

In related news, Nigerian street artiste, Akinbiyi Abiola Ahmed, popularly called Bella Shmurda, has revealed that he paid a huge sum of money to free himself from the contract he signed with his former record label.

CorrectNG reports that the ‘Newborn Fela’ crooner was formerly signed to One World Global Records.

Bella said he paid N20 million to the management so that he could be released to be an independent artiste after spending just a year out of his 3-year contract.

According to the singer, he was being cheated by the label because they equally funded his music projects, but One World took a larger percentage of the earnings.

Speaking on Tea with Taymesan podcast, he explained that he would source for N500k as requested by the label and they in turn would bring N500k for production, promotion and other things that need funding.

However, when money starts coming from shows, streaming, endorsement and other areas, they would take 70 percent and give him 30 percent.

Bella said he was not comfortable with that arrangement, so he hired a lawyer and bought himself out of One World Global Records.