The alleged sale of Mzansi’s successful black-owned record label dominated headlines recently. This week, directors of the record company issued a statement to dispel these rumours. The company’s directors are Zhynne Sibika, Bruce Sebitlo, Mandla Spikiri, Emmanuel Matsane and Oskido Mdlongwa.
They stressed that only parts of the business are up for discussion, and not the core – and therefore Kalawa Jazmee hasn’t been sold.
“Kalawa isn’t up for sale or sold. Only Dangerous Combination Crew is in confidential discussions with one of the major record companies on a possible partnership,” said board member Bruce Sebitlo.
“As in many other industries, the record industry keeps evolving,” he said.
“Look at the major record labels, there used to be five, now there’s only two.
“Also, look at the industry and see how many independents still exist.
“Those that exist have a minimal roster,” Bruce said.
Oskido said: “Like many other successful businesses, we’ve entered into negotiations and decided to partner on those elements of the company we believe can be better managed through a partnership.
“Good businesses become better by allowing partnerships to move with the times, as new partners bring different elements.”
DJ Mahoota said: “It’s true some artists have left the company and others remain.”
Emmanuel said: “We discovered Boom Shaka and changed the game with them.
“When they left, we discovered an even more interesting act in Bongo Maffin, and when things happened with the group, we introduced Mafikizolo.
“We now even have the latest biggest group, Dbn Nyts.
“Add to that, we signed and helped DJ Black Coffee develop his Soulistic imprint that’s known internationally, and we did the same with Afrotainment.”
Spikiri concludes: “The other board members always supported my plans. I wanted to focus my energies on the kwaito genre. I am still working with the crew and also concentrate on Spikiri Records as well. There are no infightings. — Daily Sun.