Over a decade and some years now Nigeria music industry is one of fattest growing sector in Nigeria. Various individual used their talent and passion to create wealth for themselves, from artiste to music producer, manager and music video director all enjoy in the fattest growing of Nigeria music industry.
But it was unfortunate that will still lack many things to meet up with our fellow counterparts in the western world, in terms of business management. The likes of Mike Adenuga and Aliko Dangote used their driven and ideology spirit to take their business to next level, while nigeria music industry have to borrow from them to take the sector to the next level.
Over the years now mismanagement of business in Nigeria music industry as lead to some various break up , examples are the issue of 2face and Kennis music, Eldee and Darey saga with storm record, 9ice and Id Cabasa, Olamide parting away with three different manager in four year, Don Jazzy and D’banj that lead to the era of Mo Hits records, Eva issue with Trybee record, Brymo and chocolate city, recently Wande Coal issue with Marvin records and lastly partial breakup between Wizkid and EME records.
This various breakup as kill the vibe moral of the growing sector in the nation, some artiste and producer still struggling to find their landmark after their various departures are trying for themselves. In short word I will like to highlighted some issue that lead to their breakup.
-Greediness: both parties are greedy to each other in terms of money matter sharing ratio which lead to separation between them.
Sometimes artistes or producers or even manager feel that they are cheated and what next for them is depart each other.
Lack of business orientated,
Lack of creativity and purpose driven spirit,
Lastly most of that artiste cries out that they are not encouraging or helping their career.