A viral social media post has claimed that singer and entrepreneur Banky W continues to receive 80% of the royalties from Wizkid's first and second albums under a contract allegedly signed during the early stages of the Afrobeats star's career.
According to the claim, Wizkid receives the remaining 20%, with the royalty arrangement said to be permanent under the terms of the agreement. The post further alleges that one of the lawyers who prepared the contract disclosed the details.
The claim has reignited discussions about the importance of understanding recording contracts and the need for artists to seek legal advice before signing music deals.
However, the alleged royalty arrangement has not been independently verified, and neither Wizkid nor Banky W has publicly confirmed the claims.
According to the claim, Wizkid receives the remaining 20%, with the royalty arrangement said to be permanent under the terms of the agreement. The post further alleges that one of the lawyers who prepared the contract disclosed the details.
The claim has reignited discussions about the importance of understanding recording contracts and the need for artists to seek legal advice before signing music deals.
However, the alleged royalty arrangement has not been independently verified, and neither Wizkid nor Banky W has publicly confirmed the claims.
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