Nigerian Pop Diva Mo'Cheddah has parted ways with Knighthouse, The Creative Entertainment Company that shot her to Limelight. The Artiste who Just concluded her first degree at the University of Lagos issued a joint Press release with Knighthouse to announce the End of thier Business Relationship.
Inside Sources has told us that Mo'Cheddah has grown increasi
ngly Greedy and that a Finiancial disagreement is responsible for the Break-up. They say with the success of her new single "See Me", Mo' has demanded an upward review of the revenue sharing formula between her and Knighthouse but the Label's CEO MR Rogba Arimoro and its Director Temi Gomez has disagreed with her new demands. A consensus was not reached .
Below was the Joint Press Release...
Rapper-singer Mocheddah and her management company KnightHouse announced today, that they will no longer be working together.
The debutant, who has just obtained her B.Sc from the University of lagos, told journalists in Lagos she's 'moving on to search for other opportunities' while still maintaining a close personal relationship with KnightHouse, the label that discovered and nurtured her to stardom.
KnightHouse CEO Rogba Arimoro says the label is proud of what it has achieved with the act in over half a decade and ' we wish her very well in all her future endeavours'.
'We will continue to support one another and make sure the relationship remains as cordial as possible' both parties said in the statement.
Mocheddah has in the past year, won the prestigious Channel O awards for most gifted female video as well as being named the MTV Brand New act in 2011.
Her debut album Franchise Celebrity was released to enormous critical and commercial acclaim in 2011.
'I'm working on new projects both for myself and with my colleagues. And I'm excited about the promises the future holds and I pray God sees me through all the way.
No word yet on whether she's planning to become self-signed, or if she's moving to another label.
0 comments :
Post a Comment