Friday 1 June 2012

P-SQUARE SIGNS WITH UNIVERSAL MUSIC

P-Square gone universal; those were the exact words used by Peter Okoye, the other half of P-Square. The duo who recently acquired a private jet seems not done with their astounding series of achievements. P-Square was in South Africa rewarded for their captivating effort and dexterity in music with a distribution pact with Universal Music Group South Africa.  Universal Music is the largest record company in the world by its leading market share and its numerous global operations.  With headquarter in Santa Monica, California, 4, 449 million pounds revenue, staff strength of 6,967 and an operating income of 140 million pounds; the deal which according to Peter Okoye is “sealed” will attest to the tremendous growth in the music industry. Not long ago D’banj became the president of Def Jam Africa which is the Africa arm of Island Def Jam and a subsidiary of Universal Music Group.
Although details of the pact are still sketchy, trust us to update you. Congratulations P-Square!!!


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