By Ghazali Ibrahim
Nigerian music star David Adeleke, popularly known as Davido, has disclosed plans to buy back the rights to his music masters from international record label Sony Music before retiring from the industry.
Speaking on an episode of The Long Form Podcast, the award-winning singer stressed the importance of ownership in the music business, describing it as a key factor in building long-term wealth and preserving an artist’s legacy.
Davido said his goal is to regain control of his music catalogue and eventually pass the earnings from his songs on to his children.
“I have a good music contract. But the most important thing is ownership. I plan to get my masters back from Sony soon. With that, I can give each of my kids songs they will keep earning royalties from even after I retire,” he said.
The Afrobeats star also urged artists to pay close attention to the business side of their careers, noting that ownership rights and royalties are critical aspects of sustaining financial success in the entertainment industry.
His comments come amid growing conversations in the global music industry about artists owning or reclaiming their master recordings to gain greater control over their work and future earnings.
