TheCable

Ubi Franklin, MD/CEO of Made Men Music Group (MMMG) has admitted that singer, Iyanya Mbuk is starting a new record label.

Iyanya, a co-owner of MMMG, had recently announced that he would be launching a “new record label”.

His announcement generated series of interpretations among his fans and the singer was forced to subsequently state that his decision to set up a new outfit, did not emanate from a rift with Franklin, his business partner/manager.

To further expand on the terse statement of the singer, Franklin, through his Instagram page, on Thursday said, “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 blessing 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 of 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.”

Franklin also stressed that Iyanya, Tekno, Selebobo, Tonye Garrick, Chibbz and Dj Coublon still remain under his management.

The music manager further noted that he tarried in responding to the reports because he “took some time out” to be with his family, owing to his status as an expectant father.