NEWS
Asake Rejects YBNL Contract Extension, Parts Ways With Olamide
Asake has officially ended his time with YBNL after reportedly turning down a request by Olamide to renew his contract with the label.
This unexpected move has left fans speculating about what lies ahead for the singer who rose to prominence under YBNL’s wings.
According to reports, Olamide made significant efforts to retain Asake, presenting him with a new contract. However, Asake chose not to sign, effectively walking away from the label. The decision wasn’t without consequences, as he has since removed all connections to YBNL from his social media platforms and unfollowed everyone, including Olamide.
Olamide, in his usual fashion, has taken the high road, stating, “I didn’t create YBNL because I wanted to make money. I created it because I wanted to see other young people grow. If any artist under me wants to leave, they are free. Asake has done his part, and I’m proud of him.”
Sources reveal that Asake’s departure also includes owning the masters to all his songs recorded under YBNL, with a royalty split agreement set to run for ten years. The “Sungba” hitmaker’s choice to go independent signals a shift in his career as he continues to carve his path after a stellar run with YBNL.
From dominating charts to selling out the O2 Arena, Asake’s achievements under YBNL have been nothing short of groundbreaking. As he embarks on this new phase, fans are eager to see what the future holds for the star.
