Micheal Ajereh Collins, aka Don Jazzy, CEO of Mavin Records, has declared that his business separation from Dapo Oyebanjo, ‘D’banj’, in 2012 was his worst business decision.
Don Jazzy, made this known on an interview on ‘Worst Day in Business,’ a show hosted by Peace Hyde on CNBC Africa adding that the split also led to the death of the once blooming Mo’Hits Records which they built together.
“The decision to part ways with my former partner D’Banj at some point or at that point was not the right decision. As much as there were financial consequences, it was also that I lost a friend and a brother,” he declared.
“It was a mutual agreement, he wanted to concentrate on the American market and I thought we were not ripe enough, I just felt that we were wasting so much money in trying to create smoke where there was no fire. It’s not like I am not looking at the bigger picture, I just like to be realistic
“There is no way I would do that and not think of the other children I have over here in my record label. I had Wande Coal, D’Prince, Dr Sid and when I commit to something, I like to see it to the end and I couldn’t leave the rest of them hanging by going to the United states at that time.
“A lot American artistes including Kanye West were on me that time asking for beats and other things but it might take me a long time to be successful over there so I decided to stay behind and build what I have here.
“We got to a point where Kanye was interested in us so I think we will get to a point where we can make better demands. It looks like the time is ripe now with the interest America has in Wizkid, Davido and Wande Coal, it just didn’t feel ripe then.
“We had a very beautiful relationship, I don’t think anyone in the music industry had that type of relationship at that time. The media and fans that were angry made our relationship strained.
“I would say something and they would think I was referring to him and the same happened to him even after when we had settled things.”
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