TripleMG boss Ubi Franklin has confirmed sale of Iyanya’s TripleMG shares to Paul Okoye of management consultants Upfront and Personal.
Ubi Confirmed sale of Iyanya’s 50% TrippleMG shares which he bought over from the singer after he exited the label back in August 2016, to Paul Okoye of Upfront and Personal Management Consultancy outfit.
“When Iyanya was leaving, I bought over his shares so I owned 100% of the company so I sold those shares to Paul Okoye of Upfront and Personal.”
“Paul Okoye now owns part of MMMG,” he added.
This interest in TripleMG by the popular music promoter and events manager Paul O, comes as no surprise since his management outfit were behind the facilitation of the Sony deal Tekno got to sign late last year.
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Franklin also noted that a press conference would soon hold to brief the media on recent developments in the label.