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Don Jazzy opens up on how he tried to sell Mo’hit records for 1 million naira

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During an interview with Bounce Radio, Don Jazzy talked about a tough time when he tried to sell Mo’hit Records, the label he started with D’banj, for just 1 million naira.

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Don Jazzy helps fan’s career as he blesses him with N250k

Don Jazzy confirmed the failed attempt to sell the label to Nigerian music executive Obi Asika.

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He mentioned that the decision to sell came after D’banj’s hit single “Tongolo” didn’t bring in the expected financial success.

In 2024, Don Jazzy successfully sold a majority stake in Mavin Records to Universal Music for $150 million.

He shared the news on Instagram, expressing his excitement for the new chapter with UMG.

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