The other one of the richest record labels in Africa is DMW (Davido Music Worldwide) came into existence in 2016 by one of the rewarded singers, record producer, and songwriter named Davido.In the month of January, Davido did an agreement on a recording deal with Sony Music Entertainment. It is deemed by singers for separating the corporate work from the family. He did not go after the record label owned by his family: HKN Music. A new record label was launched by him with the name ‘Davido Music Worldwide.

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