A Major Merger Likely To Shake The Music Industry Soon
Rumour has it that just like Merger and Acquisition shook the banking industry, the Music industry will likely experience a major shakedown soon.
Imagine some of the popular record label you know (NOW MUSIK, KNIGHTHOUSE, KENNIS MUSIC, YSG, CHOCOLATE CITY, EME RECORDS, MAVIN RECORDS AND STORM RECORDS) in the entertainment industry merged into one.
The new name likely to be called 5 (FIVE) backed by one of the top telecommunications giant.
Since the new trend is endorsement battle between the tele-communication companies. Some big artists have also been shortlisted by the teelcommunication company and their names will be made public soon.
We will keep you posted as events unfold. Do you think this rumored merger and acquisition will bring about the desired growth and development in the Nigerian music industry?
Let’s hear your opinion?