Nigerian rapper and record label executive, Olamide has sealed a joint venture deal with Empire Distribution, records and publishing company in the United States.
The hip-hop star announced the new deal on Wednesday via his Twitter page.
Expressing his gratitude to fans for holding out until now, Olamide added that Fireboy and any other emerging artiste he chooses to sign next will be making the most of the partnership.
“Big thanks to the fans for holding on for so long and believing. Switching it up and fvcking the world up is the motive. So make nobody fear when globe start,” his tweet read.
“Happy to announce that YBNL and Empire got a joint venture deal. Myself and Fireboy with any other act I sign next ready to shake the world.”
YBNL’s joint venture deal with Empire infers that the two labels would be staging a business arrangement where they both pool resources together and work towards executing certain projects.
The deal comes shortly after the release of Olamide’s nine-track project titled ‘999’.
The 30-year-old music star, who is popularly known as Baddo or BaddoSneh, had released his debut studio album in 2011, while he was still signed to Coded Tunes.
After his second studio album ‘YBNL’, he had debuted YBNL Nation, his independent label imprint, which has produced talented acts like Lil Kesh, Adekunle Gold, and Chinko Ekun.