NET can officially report that pop star Ayo ?Wizkid? Balogun and long-time manager Osagie Osarenkhoe have parted ways.

The news might be surfacing now but inside sources say the EME star singer and Osarenkhoe who runs her own outfit M.e.tal Management ended their business relationship back in June 2012.

It?s uncertain why the pair parted ways and no one in their camps is divulging information on the surprise split. Some sources however believe Wizkid felt he wanted a better deal with Osagie, a deal that would pay better than the current ?sharing formula? they initally agreed too work by.

We got in touch with Osarenkhoe and asked about her about her partying ways with Wizzy, ?I don?t think I am in the best position to answer these questions?, she responded.

EME is yet to respond to our queries concerning the same matter.

Osarenkhoe handles management for other EME acts Skales, Shaydee and Niyola through her M.e.tal management platform. She is credited for introducing Wizkid, Skales and later on Shaydee to EME who went on to sign the young acts. EME have already announced they are ?currently seeking for a General Manager to manage its growing business and build up the EME label?.

We cannot say for now whether they have severed ties with Osarenkhoe whose other clients include Kel, Slim T, 19th Street, Sammy, most recently Dammy Krane (who recently parted ways with Tiwa Savage?s manager Tunji ?Tee Billz? Balogun), Solid Star and Ghanian pop act Dee Money.

Osarenkhoe emerged in the music industry in 2005 as CON.tra.Diction?s manager. She would later take up Kel in 2008.

As at that time, Osarenkhoe had discovered a 17-year-old talented singer in Surulere, through her friend, popular dancehall act Nyore. He called himself Wizkid. Wizkid at that time was recording at Knighthouse studios. She picked him up along with another promising act Skales who had left Kaduna and arrived Lagos in pursuit of a music deal.

Osagie pitched Wizkid almost everywhere and was successful at it too ? he landed himself a guest appearance on Kel?s ?Investment? album, a track called ?Turn by turn? which also featured YQ, Terry tha Rapman?s ?The Joe Spazm? mixtape. But the track that blew him up was M.I?s ?Fast money, fast cars? off the rapper?s debut ?Talk About It?.

Wizkid?s buzz got bigger as he began performing as back up acts for Kel and M.I until he got noticed by Banky W who offered him a deal. The rest is history?

Source : thenetng

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