
The Digest:
Mavin Records chief Don Jazzy revealed that launching a new artist into the limelight costs his label between $100,000 and $300,000. Speaking on the Echo podcast, the music executive's revelation of the steep investment required to create stars like Rema and Ayra Starr
Key Points:
- Don Jazzy revealed it costs between $100,000 and $300,000 to launch a new artiste.
- The figure covers activation and the initial project but offers no guarantee of success.
- He emphasized that a great song requires proper marketing to connect with an audience.
- Mavins has built dedicated structures for marketing, PR, and research to support artists.
- Ultimately, the artist's own passion and drive are cited as the most critical factors.
- Don Jazzy reflected on almost quitting the industry due to costs after Mo’Hits dissolved.
- His perseverance led to Mavin Records, now home to global acts like Rema and Ayra Starr.
Sources: Vanguard News