P-SQUARE IN NEW DEAL
As the battle against piracy continue to be
elusive, Nigerian pop duo, Peter and Pual Okoye, otherwise known as P-square
have concluded plans to enter into a business pact with one of the biggest
record labels , Universal Music Group based in South Africa.
The deal was sealed last Thursday in Johannesburg, South
Africa.
Already the music label has perfected plans to release past and future projects
of the pop singers. Under the new arrangement, the firm would be handling all
their digital and CD sales of P-Square works all over the world. This is an
amazing and big step up for the pop singers.
The brothers who have been linked with Akon announced last December that they
had signed a pact with Konvict Music label as African representatives.
Universal Music Group is the parent company of Akon’s Konvict Musik and Kon
Live Distribution labels.
The company founded in 1934, is an American multinational music company and one
of the ‘big four’ recording companies in the world. But, as is the norm in
music business, Universal Music SA is a ‘South African’ company distributing in
that country and environs.
We can not confirm as at the time of writing, the specific particulars of the
Psquare contract, and whether the brothers are also in talks with Universal in Europe
and the US.
The deal with Psqure, we were told, is a South Africa distribution deal covering past and current Psquare
catalogues.
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