417Views 0Comments
Ikechukwu’s Candid Revelation: Unveiling the Realities of Artist Compensation in MoHits Records
In the ever-evolving landscape of the music industry, stories of artists’ struggles and triumphs often surface, shedding light on the behind-the-scenes dynamics of fame and fortune.
Recently, Nigerian rapper and actor Ikechukwu Onunaku, better known as Ikechukwu, brought forth shocking revelations about his time at MoHits Records during an Instagram live session hosted by Daddy Freeze.
The Disparity in Compensation
Ikechukwu’s revelations cut to the core of an issue that has long plagued the music industry – fair compensation for artists. He disclosed that despite being booked for performances fetching sums upwards of N1 million, he was only receiving a meager N50,000 from D’banj, one of MoHits Records’ co-founders.
A Confrontation Leads to Increment
The situation took a dramatic turn when Ikechukwu confronted D’banj about the glaring discrepancy in his compensation. Allegedly, after consulting with his influential mother, D’banj agreed to raise Ikechukwu’s compensation to N150,000 per performance.
However, even with this increase, questions linger about the adequacy of the compensation relative to the revenue generated from Ikechukwu’s bookings.
The Influence of D’banj’s Mother
Ikechukwu’s revelations also shed light on the matriarchal influence within MoHits Records, particularly wielded by D’banj’s mother. He suggested that decisions within the label often required her approval, indicating her significant role in shaping the direction of the company.
As the story continues to unfold, it prompts us to reflect on the systemic challenges facing artists and the imperative of fostering a more equitable environment for all stakeholders in the music industry.