Don Jazzy recalls attempt to sell Mo’Hits Records for N1M
Popular music producer, Don Jazzy recounts trying to sell Mo’hits records, which he co-founded with Afrobeats music icon D’banj, for one million naira.
He opened up on this in a 2018 interview on Bounce Radio.
Don Jazzy said that he did make an unsuccessful attempt to sell the label when he was questioned if he had ever tried to sell Mo’hit records to renowned Nigerian music executive Obi Asika in the early days of the record for 1 million naira.
He clarified that their current financial situation played a role in the choice to sell Mo’hit to Obi Asika, the label head and founder of Storm Records, one of the largest labels in Nigeria at the time.
The music producer didn’t explain why the transaction fell through, but it would turn out to
Renowned music producer Don Jazzy reminisced about his attempt to sell Mo’hits Records, a label he co-founded with Afrobeats star D’banj, for one million naira.
In a 2018 interview on Bounce Radio, Don Jazzy revealed that he made an unsuccessful effort to sell the label when asked if he had ever tried to sell Mo’hits Records to prominent Nigerian music executive Obi Asika in its early days for 1 million naira.
He explained that D’banj’s release of the track “Tongolo,” which gained significant attention but did not meet the expected financial returns, led to the consideration of selling Mo’hits.
Don Jazzy further clarified that their financial situation at the time influenced the decision to approach Obi Asika, the founder of Storm Records, one of Nigeria’s leading labels then, with the offer to sell Mo’hits.
be a lucky break for Mo’hit Records, which would go on to become extremely successful and attract a star-studded roster that included D’banj, Wande Coal, Dr. Sid, D’Prince, and K Switch. Don Jazzy would also become a well-known music producer and the head of a very successful label.
