The issue between Peruzzi and his former record label, Golden Boy Entertainment with Davido has raised a lot of questions within the music industry.
From Golden Boy Entertainment’s story, to Davido’s reaction and Peruzzi’s response, it is crystal clear that one person is the devil’s advocate in this situation.
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They are mostly not structured to survive (except for few that have what it takes). For them to believe in you and your talent, they hope you’ll be their reason for survival.How many record labels started out well with a capital base to invest in artists? They all started out as a branch to launch a career, do you know how uncertain it is to invest in a talent?Struggling for survival is nobody’s fault. Even Big labels struggle. The thing to tell artists is, don’t sign what you won’t be able to see out. When you sign, don’t let external influence trigger your loyalty, when you want to leave, leave like a king and don’t leave owing a dime. Our artists should do better.