Music Business

Is Banky W Still Trying to Maintain Control? Wizkid is Still Signed to EME, We are “Re-negotiat(ing)”” – Banky W

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Banky W EME RecordsThe statement below has been attributed to Banky W in the past few days. Clearly a bunch of baloney, if he indeed made the statement.

There is no negotiation when, in the same statement, you say, “Wizkid has his own idea of how he wants to do things and he has plans for himself too.” This statement says it all.

The trust and mutual respect is gone. They both feel betrayed by each other.

At this stage, I am doubtful these two will reconcile. Oh well. Too bad, so sad. C’est la vie. We all keep it moving. On to the next one. Have we talked about Wizkid’s alleged 50/50 deal independent of his alleged 7 album contract deal that has led to this deteriorated situation with EME?

If not, I’ll hold off on it and let’s see if these two actually get back together then we can revisit that discussion.

“Wizkid is going international and as a result we have to re-negotiate the contract he signed. Wizkid has his own idea of how he wants to do things and he has plans for himself too. Wizkid is still with us, there’s no problem, things will be sorted out soon” Banky W told Silverbird.

Industry your thoughts and advice for the young and upcoming ones that may find themselves in this situation? I want to hear from artists and labels. It is hard running a business and many artists, without judging Wizkid, do come to the table with a sense of entitlement. But, an alleged 7 album contract deal? Wow!

-Uduak

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Africa Music Law™

AFRICA MUSIC LAW™ (AML) is a pioneering music business and entertainment law blog and podcast show by Fashion and Entertainment Lawyer Ms. Uduak Oduok empowering the African artist and Africa's rapidly evolving entertainment industry through brilliant music business and entertainment law commentary and analysis, industry news, and exclusive interviews.

Credited for several firsts in the fashion and entertainment industry, Ms. Uduak is also a Partner and Co-Founder of Ebitu Law Group, P.C. where she handles her law firm’s intellectual property law, media, business, fashion, and entertainment law practice areas. She has litigated a wide variety of cases in California courts and handled a variety of entertainment deals for clients in the USA, Africa, and Asia.

Her work and contributions to the creative industry have been recognized by numerous organizations including the National Bar Association, The American University School of Law and featured in prestigious legal publications in the USA including ABA Journal and The California Lawyer Magazine. She is also an Adjunct Professor at the prestigious Academy of Arts University in San Francisco.
For legal representation inquiries, please email (uduak@ebitulawgrp.com). For blog related inquiries i.e. advertising, licensing, or guest interview requests, please email (africamusiclaw@gmail.com). Thank you for visiting Africa Music Law™.

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