Award-winning music artist, Mr. Eazi (actual name Oluwatosin Ajibade) they offered a multi-million-dollar ‘life-changing’ record deal with a big label that has revealed why he turned down the offer.
Speaking with CNN, in a fresh interview, the talented singer, said he rejected the mouth-watering offer
because of the need to be an industry player and one way you can be one, is by creating value’ which will eventually lead to profit
“I want to be an industry player not just for myself.
I want to create value,” he said.
In other development, Mr. Eazi set to launch a fund that will invest in Africa’s stars of the future.
He told CNN that the Africa Music Fund (AMF), worth $20 million dollars.
The lead investor is 88mph, a company that provides capital for African businesses.
Through the AMF, the 29-year-old artist from Nigeria says he wants
to create a new funding model for the music business on the continent.
Mr. Eazi says one of his primary motivations for funding music is to provide financial support for artists to expand their catalog.
In other news, Mr. Eazi took to social media to advise his fans about learning.
According to Eazi, it’s never too early to learn as success comes after lots of failure.
He took to micro blogging platform, Twitter and wrote:
“It’s Never too early to learn, One thing Leads to Another,
loads of times “success” comes after a couple of Failures!!”
Also, CNNA has revealed in an exclusive update that Mr. Eazi has
raised about 20 million Dollars to help push African Talent.
They wrote:
“EXCLUSIVE: Afropop musician, @MrEazi has raised $20 million
to invest in a finance product for African music creatives.”
Reacting to this, Mr. Eazi quoted their tweet and wrote:
“The raise Never Finish o!!!
If u are really passionate about African Equity Participation in African IP call me!!
Make we take am up up!! The time is now!!!”
