Endowedsblog

3 January 2017

Label head confirms sale of Iyanya's TripleMG shares to Paul O of Upfront and Personal

(Endowed Blogs.)Ubi-and-Paul Okoye
TripleMG boss Ubi Franklin has confirmed sale of the portion of shares owned by Iyanya to Paul Okoye of management consultants Upfront and Personal.
Tekno revealed this earlier but didn't specify TripleMG as the company Paul O was buying from, leaving room for speculations that he had probably left TripleMG and started his own outfit.

Iyanya-and-Ubi-Franklin play Iyanya-and-Ubi-Franklin
(Made Men Music)

Speaking to The Cable Lifestyle, Ubi confirmed he indeed sold 50% of his shares which he bought over from Iyanya 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.
Tekno signing his Sony Deal. play Tekno signing his Sony Deal.
(Twitter)

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.
Franklin also noted that a press conference would soon hold to brief the media on recent developments in the label.

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