Nigerian music icon and record producer, Michael Collins Ajereh, popularly known as Don Jazzy, has taken the opportunity to clarify recent rumors surrounding the potential sale of Mavin Records. Speaking openly on the latest episode of the Zero Conditions Podcast on January 12, 2024, the Mavin boss acknowledged the interest from investors but firmly dispelled any notions of an imminent sale.
In the interview, Don Jazzy explained the situation, stating, “We have investors, and they have been here for five years, so they have to go. If you get gold or you get diamonds, people go dey, people wey wan. Or if you be fine girl, people go dey approach you nau. Dem wan toast and as we dey like this, if you get breast, you get yansh.”
The analogy used by Don Jazzy suggests that, similar to valuable commodities or an attractive individual, Mavin Records naturally attracts interest from potential investors.
Contrary to swirling speculations, Don Jazzy clarified that Mavin Records is not actively considering any sale to investors or platforms. Despite the proposals and efforts by investors seeking to acquire the label, Don Jazzy reassured listeners that he remains firmly in control.
Established on May 8, 2012, under the leadership of Don Jazzy, Mavin Records has played a pivotal role in shaping the Nigerian music landscape. The label has nurtured talents like Tiwa Savage and Korede Bello, who have since moved on to successful solo careers. The current roster of signees includes Ayra Starr, Rema, Ladipoe, Boy Spyce, and Johnny Drille, showcasing Mavin Records’ ongoing commitment to fostering emerging talents in the music industry.
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