The last couple of months has seen a lot of artists cutting ties with their Record Labels, mostly because of problems with contracts they signed when they were hungry. From Wizkid, to Brymo, to Chuddy K, to most recently, Vector. All the names i mentioned left their labels or are currently having problems with the record labels they are signed to. Check out rapper Ice Prince's tweets on this issue below-
This is what I have been saying for the longest time. For anyone to invest millions in you before you have made it big as a musician is a risk. But some artists don't always want to understand that. Once they blow up, they believe they are being cheated, even though they signed the contracts with their own hands. Artists have to realize that the record labels are into a business of grooming artists, and they ofcos have to reap from where they have sowed. Some make losses, but if they make astronomical profits from an artist, it is all good. It is only for a period of time...most times, like 4 years.
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