Sh 6 million losses which almost killed Bahati’s EMB Records
Kenyan gospel artiste Kevin Bahati has revealed how huge losses running to millions of shillings almost drove him to shutting down his record label EMB Records which he started two years ago.
Bahati further revealed that during that period his record label also suffered a mass exodus of artistes.
EXPENSIVE VENTURE
However, after a careful thought he decided to give it another shot by starting afresh.
The artiste made the revelations on Wednesday during the a thanksgiving event cum relaunch ceremony of the stable in Nairobi.
“Music is expensive and following what happened (walk out of artistes), I contemplated shutting EMB which I started two years ago. I made a loss of over Sh6 million,” Bahati said during the event.
NEW ARTISTE
“The reason why many labels don’t survive in Kenya is because it’s expensive to maintain them,” he added.
And to mark a new start the label has signed a new artiste by the name Danny Gift, who was official unveiled during the ceremony.