Mavin Records boss, Don Jazzy, has revealed like never before of his highly publicized business separation from D’banj, and finally admitted that it was not a good decision.
Speaking in an exlcusive interview in a TV programme “Worst Day in Business”, a show hosted by Peace Hyde on CNBC Africa, multi-millionaire music producer and CEO of Mavin Records, Micheal Ajereh Collins, popularly known as Don Jazzy, has revealed that his business separation from Dapo Oyebanjo a.k.a D’banj, was not a good decision.
Recall that the former co-owners of Mo Hits Records, split in 2012 over differences in interests, which led to the death of the once blooming record label which they built together.
Don Jazzy told Peace Hyde: “The decision to part ways with my former partner D’Banj at some point or at that point was not the right decision. As much as there were financial consequences, it was also that I lost a friend and a brother,” the 33-year-old producer responded when asked for his worst day in business.
“It was a mutual agreement, he wanted to concentrate on the American market and I thought we were not ripe enough, I just felt that we were wasting so much money in trying to create smoke where there was no fire. It’s not like I am not looking at the bigger picture, I just like to be realistic,” he said.
According to TheCable News who monitored the interbiew, the Mavin boss further noted that he had a beautiful relationship with D’Banj in spite of the separation while blaming the media for straining the harmony they shared.
“We had a very beautiful relationship, I don’t think anyone in the music industry had that type of relationship at that time. The media and fans that were angry made our relationship strained. I would say something and they would think I was referring to him and the same happened to him even after when we had settled things.”Don Jazzy also made it known that he was considering the other artistes on the record label when he made the decision to stay in Nigeria.
“There is no way I would do that and not think of the other children I have over here in my record label. I had Wande Coal, D’Prince, Dr Sid and when I commit to something, I like to see it to the end and I couldn’t leave the rest of them hanging by going to the United states at that time.
“A lot American artistes including Kanye West were on me that time asking for beats and other things but it might take me a long time to be successful over there so I decided to stay behind and buil;d what I have here.
“We got to a point where Kanye was interested in us so I think we will get to a point where we can make better demands. It looks like the time is ripe now with the interest America has in Wizkid, Davido and Wande Coal, it just didn’t feel ripe then.”