Davido Floats New Record Label 'Davido Worldwide Music'

Davido has launched a new record label called ‘Davido Worldwide Music’.

On why he opened the new label, the singer told ERAVE that, “I cannot sign an international deal without a company. Since I cannot sign as Davido, I registered the ‘Davido Worldwide Music’ label. It is a company managed separately by myself, my manager, my executive producer and HKN for my international endeavours.”

“The Sony deal doesn’t affect HKN label in any way. Sony Music relates with Davido’s new record label for the international market. Don’t go and write Davido leaves HKN because I don’t want my brothers to come after me,” Davido added jokingly.

The singer recently signed a million dollar deal with Sony.