Entertainment Africa

This is why Bella Shmurda paid N20 million before releasing from former label

Bella Shmurda

Nigerian singer, Akinbiyi Abiola Ahmed aka Bella Shmurda has opened up on the amount he parted with to secure his release from his former record label, One World Global Records.

According to Bella, he paid N20 million to the management in order for him to become an independent artist after spending a year out of his 3-year contract.

The singer stated that he was cheated by the label because they took a larger percentage of his earnings.

Speaking on the Tea with Taymesan podcast, he explained that he would source for N500k as requested by the label and they in turn would bring N500k for production, promotion, and other things that need funding.

However, when money starts coming from shows, streaming, endorsement, and other areas, they would take 70 percent and give him 30 percent.

Bella said he was not comfortable with that arrangement so he hired a lawyer and bought himself out of One World Global Records.

Watch the interview below:

 

 

Source: naijaloaded.com.ng

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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