In a surprising turn of events, acclaimed Afrobeats singer Asake has reportedly left his record label YBNL and parted ways with its founder Olamide.
According to reports, Asake’s contract with YBNL has expired, and when Olamide presented him with a new deal, Asake declined to sign it.
The report claims Olamide made extensive efforts to convince Asake to renew the contract, but the singer ultimately decided to become independent, walking away from the negotiations about two weeks ago.
While there are hopes the two parties can resolve the dispute, the situation indicates that the record label is now seeking new artists to add to its roster.
Asake joined YBNL in 2022 and experienced a meteoric rise, delivering hits like “Sungba” and even selling out the prestigious O2 Arena twice.
The news of his departure from the label has sent shockwaves through the Afrobeats community, raising questions about Asake’s next career move as an independent artist.