17th July, 2013
Female rising rap act, Mojisola Serah Sowole, better known as Cocolce, has been sacked by her label, MAGiKAL Entertainment.
A statement made available to P.M.NEWS Showbiz Trends by the label stated that the rap act’s contract with MAGiKAL was terminated due to some irreconcilable differences.
“We decided to terminate the contract since the act has reneged on some of the terms of the initial agreement (both written and verbal) which has led our organisation to incur so much loss running into millions of Naira,” Biodun Caston-Dada, CEO of the label said.
According to Caston-Dada, they discovered that the artiste had signed a recording contract deal with another record label without their knowledge, a move that was contrary to the ‘gentleman’s’ agreement she had with MAGiKAL on the issue of record label deals.
He added that for close to a year, MAGiKAL Entertainment invested heavily in her, promoted the rap artiste songs: If U Don’t Know, It’s Me and Rock Me. The label also claimed to have shot one of the best music videos in Nigeria for her, and made her a household name.
“Her action was a complete betrayal of trust. We wish her all the best in her future endeavours while we try to lick our wounds occasioned by this betrayal of trust,” Caston-Dada concluded.