Veteran Nigerian singer, songwriter and producer Cobhams Asuquo shares his knowledge on basic requirements that every record labels needs to meet before launching into operations.
Speaking with Victor Okpala during a chat on the “Music Corner” at the just concluded Nigerian Entertainment Conference, the singer explained that funding is the bedrock of the label business and executives should be armed with enough cash before launching operations. “I think a proper label needs to have funding; and when I say funding, I mean enough money to run the term of contract or the calendar of the artist”, He stated.
He also went on to point that people should refrain from venturing into the label business based on emotions and ambition without putting structures and finance in place.
Watch below.