Afrobeats singer Magixx has said it is unlikely for a Nigerian artiste to make a fortune in music without having a hit song with international appeal.
Speaking in an episode of the Afrobeats Intelligence podcast, Magixx explained that to remain financially stable, artistes need to drop hits consistently after their first hit song.
He revealed that it took him 2-3 months to start earning from music even after Don Jazzy signed him to Mavin Records.
The singer stated that even performance fees are determined by the number of hit songs an artiste has.
“Even when you get signed to a big record label as an artist, you first have to drop a song with international appeal before you start making serious money. It took 2–3 months after Don Jazzy signed me before I started earning from music.
“Before the money started coming, I was struggling with bills and family responsibilities. The worst part is that if I ask people for financial assistance, they would say I am signed to a big label, and money shouldn’t be my problem.
“It was difficult because I had to maintain the lifestyle of a superstar with expensive designer clothes. But eventually, the money started coming. One hit song can earn you N500,000–N700,000 per show, while another hit can take your fee to N1.5 million,” Magixx stated.