Performance Fees: Burna Boy, Wizkid Lead The Pack

Since the Afrobeats musical genre has become so popular around the world, musicians from Nigeria have had a lot of reason to be happy about their financial situation. Even though there are now a variety of ways for them to make money, the performance fees continue to be an integral compone

Although their wealth may have significantly expanded as a result of earnings made via streaming, endorsements, merchandise marketing, and other channels, getting paid to play at events, performances, and concerts continues to be the most reliable and secure source of income for them.

There is a standard that artists can never deviate from, despite the fact that the amount they charge for shows, concerts, other personality events can be affected by a wide variety of elements that are too complicated to analyze in this article.

The question of who is able to get the greatest performance fee consequently becomes relevant. Adeshola Adefuwa-Cole, the Chief Executive Officer of Cole Management Services, recently had a conversation with Potpourri, during which she provided some information regarding the rates that Nigeria's top music acts charge every event, both in Nigeria and elsewhere. According to him, top Nigerian music performers enjoy charging in dollars, whether at home or overseas, in order to stay up with the market pressures of other countries around the world.

Burna Boy is currently number one due to the fact that each of his shows costs at least one million dollars. The price range for Wizkid services is between 800 thousand and one million dollars. According to Cole, Davido is in third place, and he asks for approximately 500,000 dollars for his performances. Olamide comes in second, and he also costs 500,000 dollars.

He stated that in addition to the predetermined performance costs that are charged, there are other things that need to be taken into consideration. He explained that this is because the artists make various requests for both themselves and their staff as part of the convenience for the event.

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" Let's take Wizkid as an example; you are responsible for booking and managing the aircraft, which is almost always a chartered one.

Before the contract can be signed, the reservation needs to be confirmed, and it must include one return ticket in business class and six return tickets in economy class, all departing from Lagos. There is one penthouse suite, one premium suite, and ten single standard rooms available for guests to use as accommodations.

The per-diem, often known as the daily allowance, is $300 per day for the Artiste, $200 per day for the Manager, and $100 per day for the crew. In addition to this, he emphasizes that security and ground transportation have to be provided.

Surprisingly, he stated that Rema's (200k) fees are more than Tiwa Savage's (100k), which are the fees that Rema charges. Tems and Ayra Starr each command a fee of 50,000 dollars for their services as a partnership.
According to rumors, Kizz Daniel asks for two hundred thousand dollars, while Asake is paid one hundred thousand dollars.


Jenny Young

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Comments
Jonah Ekeh 47 w

Good delivery