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Update: Face Off Between Wizkid & Banky W. The True Story

I'm sure you guys heard the rumours about Wizkid leaving EME record. We actually got a confirmation on that some days back and so, this is basically from Wizkid's camp.

The rift which has become a split resulted from an alleged high difference in what Banky W gets from the revenues made by the young star. Wizkid, however, decided to speak out since the 'injustice' has been bothering him for a while now. The younglad summoned the courage to ask for an improved contract from Banky W, that definitely hit Banky by surprise.
Continue after the cut below......

“You know Wizkid is the backbone of EME music label. The boy (Wizkid) feels that Banky W has been milking too much from him with the large chunk of what Banky W takes from what the boy makes.

“Wizkid has asked for an improved contract because the present one allocates much of Wizkid’s earnings to Banky W. You know when you are coming up, you sign any kind of deal because you just want to climb stardom.

“That is the situation the boy finds himself but Banky felt hurt that Wizkid could ask for an improved offer after what he (Banky W) has done for him.

“This was the beginning of the problem between them. The boy even threatened to leave the label sometimes ago but Banky W felt it was a joke. He took it with a pinch of salt. Now, he is at a crossroad and confused on what to do,”

Wizkid’s mum waded into the matter but Wizkid reportedly ignored his mum advice and stood his ground on leaving the label. “Wizkid’s mum has also tried to talk sense to her son but it seems the guy (Wizkid) is bent on moving on with his life.”

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