Made Men Music label boss, Ubi Franklin has come out to confirm that Iyanya is branching out to form his own music label. Contrary to the to gist making rounds that there was a problem between the duo, the label boss has said it was a mutual agreement and assert that Iyanya has his blessing to form his own label.
“Iyanya approached me about a year ago and notified me of his intentions to start up a label, and that he wanted my blessings to do so and I told him it was a welcome development. I assured him of my support to help him structure his planned label with the existing label (MMMG) whenever he was ready and the process was initiated.
“Yes, Iyanya is starting a new label which will be a company out of Made Men Music with a different structure and a different focus, aiming at growing our industry”, the Triple MG boss, Ubi Franklin stated in a detailed post on his Instagram page on Thursday.
Earlier this week, news made the rounds that Triple MG leading act, Iyanya Mbuk, was in a cold war with his label boss, Ubi Franklin, and that he was set to quit the label to float his own. It was rumoured that Iyanya has been at loggerheads with Ubi over his marriage to Nollywood actress, Lillian Esoro, funds mismanagement, clash of decisions and incessant in-house fighting, stemming from series of disagreements on the smooth running and financial management of the label which is co-owned by Iyanya.