He stated he tried to sell it for just one million naira.
In an Don Jazzy, a music executive, has disclosed that he previously tried to sell his now-defunct record company, Mo’Hits, to another music producer, Obi Asika.
exclusive interview with Bounce Radio, the Don said that the idea arose when the record company launched D’banj’s track “Tongolo,” which failed to generate the promised financial results.
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He stated that he subsequently asked Asika to acquire it, but the transaction failed.
Mo’hits was Don Jazzy’s initial record label before he and D’banj split ways to form Mavin Records.
The likes of Wande Coal were signed to Mo’hits record.