Nigerian ace musician and Mavin Records boss, Michael Collins Ajereh, popularly known as Don Jazzy, has reacted to the rumour making the rounds that he has sold his record label.
Don Jazzy, speaking in an interview recently, addressed the matter.
He said; “Mavin Records has been in business with Kupanda Holdings for five years and the holdings won’t continue the partnership forever.”
“The rumours about the sale of Mavin Records is simple. We have investors, Kupanda Holdings, and they have been here for five years now, so dem go gona (laughs).”
“Obviously, a bunch of people are interested in investing in Mavin. If you have gold or diamonds, people will always patronise you. And Mavin Records has a lot of potential.”
For those who don’t know, there was a report in October 2023 that Mavin Records “is seeking investment or eying a potential full sale, and sources said there were strong interest from music asset investors in the financial sector.