This HAS to be the biggest British-Asian music story of 2007. BBC Asian Network decided to get in contact with Rishi Rich after recent rumours concerning his departure from Record Label and Management company 2 Point 9. Rishi issued a first statement exclusively to us.
Why is this such a big story? Rishi Rich and 2 Point 9 have been responsible for most of the major highlights in our scene over the past few years, so it will be interesting to see how both of them move on from this. Will we now see a completely new direction from Rishi, and how do you think 2 Point 9 will move forward and push the major talents that they still have signed to their label? Will we start to see Rishi making bigger steps into the Indian music industry or will he turn his attentions towards the States as rumoured? These two parties reinvented the game.
I'm sure we will now see moves from both camps over the next few months, but I want to know what YOU - the bloggers, blogoids and blogdesi's - really think about this situation. Maybe it will just be business as usual, or whether this will spark a frenzy of musical activity and inject some added creativity into British-Asian music over this summer.
Read the Rishi Rich statement in full, and post your views:
EXCLUSIVE: Rishi Rich announces departure from record label 2 Point 9 and the next chapter in his musical career.
Rishi Rich has exclusively revealed to BBC Asian Network that he has parted ways from his Record Label and Management company Two Point Nine. Rishi Rich states:
"This might come as a surprise to some people, but one thing that I want to stress is that this is an amicable parting from Two Point Nine and all about the next stage in my progression as a Producer. It's not a decision that I have taken lightly, obviously the label and the Artists on that label have been a huge part of my life over the past few years and we have all learned a great deal.
It's not going to be the end of my relationship with Billy and Rob (of 2 Point 9) but it's a necessary step for me to take in order to grow and realise some long-held ambitions. I will be setting up my own production company and the process of recording with new Artists and sourcing new talent has already begun. I won't be setting up a Record Label, though I'm currently looking at different offers both in the UK and Internationally and probably won't be tied to one Label.
Will I still be producing tracks for Jay Sean, Juggy D and other artists on the Two Point Nine record label? Perhaps. We'll see what happens, obviously I have been a key part in shaping their musical sound from the very beginning. I can confirm that I certainly will be working with Mentor Kolektiv and Veronica, but that's just a progression of my relationship with them as Artists for more than a decade.
But I really don't want people to perceive that there's any drama or politics involved here. This happens all the time in the Music Industry.. things have to constantly keep moving forward and I want everyone to concentrate on the positives. This is the next move in the careers of both parties, Rishi Rich and 2 Point 9." - Rishi Rich
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