Diamond Platnumz has responded to rumours that he asks for too much money when one of his signees wants to leave the label, hence beef with Harmonize and Rich Mavoko.
Since their departure from the label, the two former signees don’t see eye to eye with Diamond. Rayvanny recently left the label as fans speculated that he left on good terms.
In a recent interview with DW, Diamond said it is business and that he also needs to make a profit as he invested in them.
“When we take in these artists, we make them a business. We teach them different things and when they become big, they want to have the money for themselves yet we invested in them as a business. You can’t just leave the label just like that. It is business. If not, I would have taken the money and gone to buy maize.”
“After I had just dropped my first hit and people could recognise my music, I got a feeling that I had to empower more youth and that is why I started the Wasafi Classic Baby (WCB) record label,” he said.
Asked whether his contracts are colonial, he said;
“There’s nothing like that. We at Wasafi are leading in money. If the contracts are colonial then why do we make the money? When big money comes their way, they want to eat alone. Myself, I don’t eat the money I make by myself, it is shared among other people, it is business.”
Diamond went on to say that the artistes that have been under his wings are superheroes.
“I have introduced many artistes but I have not just introduced artistes but superheroes. So now they are role models to other youths and that is what I want to do. I want to use my platform to empower more so they can also empower other people. As Africans we need to empower others.”
“We have to be very professional. If you see someone unleashing bedroom affairs out at the dining table, they are not well taught,” he said.
“I have been in the industry for many years and when I speak, I speak that which I know and understand, but we are transforming from music to business.”
Diamond is currently in France for a show.
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