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Sony Group is set to invest $10 million in Africa’s entertainment sector

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Sony Group’s Entertainment has revealed its plans to invest in start-up entertainment companies in some countries in Africa.

In an announcement on Wednesday, October 11, 2023, Sony pledged to support Africa’s entertainment businesses through Sony Innovation Fund: Africa (SIF: AF).

Speaking on the investment, Gen Tsuchikawa, the CEO of Sony Ventures, in an exclusive with TechCrunch, revealed that the company remains fully committed to its entertainment line despite funding other sectors of society through the Sony Innovation Fund established in 2016.

He revealed, “The entertainment field has been a key area of focus for Sony Innovation Fund since the beginning and will continue to be.”

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Tsuchikawa further explained that Africa’s large net of creatives influenced the company’s desire to invest in it. “Africa, in particular, has a vibrant community of creators and entrepreneurs looking to invent new ways to enhance entertainment experiences for audiences and that propelled Sony to establish SIF: AF,” he expressed.

The $10 million investment will span across various entertainment startups, including in music, film, gaming and content distribution sectors.

Sony plans to start with South Africa, Kenya, Ghana and Nigeria before it moves on to other countries.

However, no time frame has been set for when the investment will be deployed and there is currently no particular number of startup companies that would be benefiting from the funds.

The beneficiaries are expected to undergo a due diligence process and the details would be released in the coming days.

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Entertainment

Why Plantashun Boiz cannot reunite – Blackface

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Popular dancehall singer and a former member of the defunct Plantashun Boiz group, Ahmedu Augustine Obiabo populrly known as Blackface, has stated that he does not see the possibility of the group reuniting.

The Plantashun Boiz group, which included Blackface, 2Face aka 2Baba, and Faze, was dominant in the Nigerian music scene from the late 1990s to the mid-2000s. In 2004, the group went their separate ways, and they reunited again in 2007 but later split.

Speaking in a recent interview with Channels TV, Blackface made it clear that there was very little chance of the group reuniting again.

He added that if a reunion was possible it would have long happened.

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He said, “I don’t see that [Plantashun Boiz reunion] happening. If it is something that would have happened, the members would have deemed it fit to sit down and discuss going forward. Of which they haven’t done and don’t want to do. I don’t want to cajole someone into doing what they don’t want to do.”

On his relationship with his former bandmates, Blackface said, “I talk to Faze and I talk to brothers of Innocent Idibia [2Baba]. His family are all my friends. But personally me and him we have nothing to discuss. It has to be business. There is no need waiting for who is not ready to be committed to a project.”

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Wizkid shades Davido’s signee, Peruzzi

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Grammy-winning Nigerian singer, Wizkid, threw shade at singer-songwriter, Peruzzi during his recent social media frenzy with his record label boss, Davido.

Wizkid and Davido were engaged in a fierce social media war on Monday night.

In one of his posts, Wizkid took a swipe at Peruzzi while hitting at Davido, referring to him as a “pant washer song writer.”

Wizkid wrote, “U and all ur crew plus ur pant washer song writer go to sleep at night thinking you actually got anything on me in music. Wish u all well.”

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Peruzzi immediately caught the sub, daring Wizkid to swear that he had never sought for his service.

Quoting Wizkid’s tweet, he wrote, “Swear say you no find me.”

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BBNaija stars slam Wizkid for shading Don Jazzy, Davido

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Big Brother Naija reality star, Doyinsola Anuoluwapo David, popularly known as Doyin, has lashed out at singer, Wizkid for “chasing clout” on social media.

Wizkid set social media abuzz with veiled criticisms aimed at industry giants including Don Jazzy and Davido.

In a series of tweets, Wizkid ignited controversy when responding to a fan on X (formerly Twitter), who had mentioned comments by artiste Ladipoe.

Reacting, Doyin said the Starboy boss was chasing clout and should desist and focus on releasing songs.

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She particularly berated Wizkid for “disrespecting” Don Jazzy.

On her Instagram page, she wrote: “Don Jazzy is still the JayZ of the Nigerian music industry. If you try to disrespect him, it just shows your head is not correct. No be to dey chase clout, drop hit!”

Similarly, reality TV star and media personality, Tacha has warned Wizkid that any slander or disrespect towards Don Jazzy won’t be tolerated.

Speaking in a video message shared via her social media, Tacha noted that Don Jazzy has made significant impacts on the Nigerian music industry.

She claimed that without Don Jazzy, half of the Afrobeats industry won’t exist.

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Tacha said, “No Don Jazzy slander will be tolerated. Don Jazzy’s impacts on the entertainment industry can never be overemphasised.

“If you have to take off Don Jazzy’s inputs on the industry, that would be you taking half of Afrobeats away. Because who would you be listening to? Don Jazzy has grown a lot of global superstars.

“This is somebody that doesn’t restrict himself to the music industry alone. Don Jazzy is there for everybody regardless of their status.”

Meanwhile, Don Jazzy has reacted to Wizkid’s shade at him by unfollowing the Starboy boss on Instagram.

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