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Wizkid vs EME
Before launching his Starboy imprint, Wizkid was under Banky W’s EME records. He fell out with them because of the unfavorable sharing formula – where he was allegedly getting 25% of what he made. This was at a time when Wizkid was the backbone of the label and one of the biggest acts in the country. He asked for a review of the contract, but an agreement wasn’t reached, and he left. This later led to an online spat where Banky W said he will be replaced by a better artiste. In response, Wizkid said, “I can never be replaced, you mistook my loyalty for stupidity so don’t get mad that I’ve decided to move on with my life.”
They have since settled their beef though, and there is (at least public) mutual respect between them.
As for the label, while they still make money off Wizkid’s songs, they have struggled with acts like Skales (who they kicked out at some point), Shaydee, etc, while Wizkid has gone on to be Africa’s biggest export to the world in recent times.