The center can no longer hold in the relationship between Banky W, EME
records and wonder boy, Wizkid. we gathered that the sweet partnership
that produced several hits has hit the rocks.
There has been crisis
in the Banky W-led Empire Mates Entertainment music label but many never
thought things could get this bad. Finally, Wizkid, in what seems to be
a suggestive tweet, has hinted that he is now ready to move on with a
life without EME.
"Don’t take Loyalty for stupidity..don’
Even
though Banky W has denied that Wizkid is leaving his label, sources
maintained to us that Banky W is only trying to manage the crisis. Banky
W was contacted to speak on the story but he chose to keep a sealed
lip.
However, those in the know confirmed to us that Wizkid has left Banky W for good.
This is the comment dropped by someone on notjustok i don't know if its true:
i am an insider, let me tell y'all the truth. EME TAKES 50 PERCENT OF
EVERYTIN WIZKID GETS, OSAGIE USED TO TAKE 25 PERCENT AND WIZKID 25. BUT
WIZ SAW HOW DAVIDO WAS POPPING INDEPENDENTLY AND MAKING MONIES, SO HE
TOOK MATTERS IN HIS OWN HANDS, TOOK OSAGIE OUT, GOT GODWIN TOM, GIVES
HIM 10 PERCENT, HE IS TRYING TO REDUCE EME'S 50 PERCENT BUT THEY ARE
ACTING UP COS THEY SHOOT HIS VID AND ALL, AND ALL EXPENSES ARE ON THEM.
WIZ IS NOT HAPPY. THEY ARE OWING HIM MONIES, FROM THE PEPSI DEAL AND
OTHER DEALS. WIZ HAS TAKEN MATTERS INTO HIS OWN HANDS, HE IS PLANNING TO
RELEASE AN ALBUM THIS YEAR, BUT THE EME CALENDER IS DISRUPTING HIM
COUPLED WITH THE FACT THAT EME DOES NOT WANT TO BULGE ON THE PERCENTAGE
AND THE MONIES THEY OWE HIM. THIS IS BUSINESS. WIZ MIGHT LEAVE, BANKY IS
GETTING PEOPLE TO TALK TO HIM. BANKY IS NOT THE OWNER OF EME, JUST A
DIRECTOR, THERE ARE OTHER PPLE INCLUDING SEGUN AND CO. I WILL LEAK MORE
DETAILS LATER.
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