Nigerian recording artiste, Zlatan Ibile, has explained why he prefers not to invest in upcoming musicians.
Speaking on the Adesope Live show, Zlatan explained that investing in up-and-coming artistes was risky, stressing that he is unsure if such an investment would yield profit.
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He emphasised that he is in the music industry strictly for business and financial stability.
“I will rather go buy a house rather than put money on these artistes that I’m not sure will be successful or not,” he said.
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“The reason I am making music is for financial stability. My goal is to be able to be responsible and financially stable. At the beginning of my career, I wasn’t balanced. I suffered from pressure and anxiety.”
Zlatan, however, said he is willing to collaborate with up-and-coming artists, stressing that he was giving similar assistance while coming up.
Equally important, Omoniyi Temidayo Raphael, known professionally as Zlatan Ibile or simply Zlatan, is a Nigerian rapper and singer. He is the CEO and founder of Zanku Records. In 2014, he won the Airtel-sponsored One Mic talent show held in 2014 Abeokuta, Ogun State.