Various blog and news outlets over the past couple of days have been reporting on Iyanya and Ubi Franklin (CEO of Tripple MG).
News broke out that Iyana was set for a departure from his current record label Tripel MG as a result of disagreements between him and his business partner, Franklin.
However, Iyanya has since responded to the rumours that he has no problem with his business partner on his social media.
“We are not fighting at all for anything, starting a label to help other artiste. Signing more artiste under the same structure will be over crowded, so there is room for @triplemg1 to give birth to another Label,” he wrote on Twitter
Ubi Franklin has also done the same thing. Here is what he also had to say about the issue.
Recently there’s been a lot said in the media about Iyanya leaving Made Men Music, I’d like to clarify things.
Iyanya had approached me about a year ago and notified me of his intentions to start up a label. He wanted my blessings to do so and I told him it was a welcome development. I assured him of my support to help structure his planned label with the existing company (Made Men Music Group) whenever he was ready and the process was initiated.
Two weeks ago he shared with me, news that the company had been duly registered and was ready to commence operations. I was also privy to the information that he had identified a few artistes with potential he wants to nurture. This done, I knew the label was ready to kick off.
I understand his post piqued the curiosity the public and blogs made what they could of the news.
Yes, Iyanya is starting a new label which will be a company out of Made Men Music with a different structure and a different focus, aiming at growing our industry.
I would like to state here that like every other label we all have our internal issues from time to time.
We have shared happy and sad moments and it’s only fair to grow each other in every way possible. Not every move means a breakup.
As you know we still stand this way.
Took some time out to be with my family and since I am expecting, I treaded the silent path for a long time.
God bless The Nigerian entertainment Industry
God bless The African Entertainment industry
God bless The Fans.
God bless the Media.
Made Men Music Group
Now that this has been properly laid to rest, i guess we can now move on with our lives.