CEO of RuffTown Records believes that laws governing the country are hindering the growth of record labels and the creative arts industry.
According to Bullet, some laws are preventing talents and labels from taking up numerous projects to help support the industry.
“Record labels do not make money from just shows where their artistes are billed to perform, the majority of the money comes from endorsement deals,” he wrote in an Instagram post.
According to him, because of these “stringent and heart wrenching” laws, there might not be a record label operating in Ghana in a year or two.
His comment follows rumours that the Ghana Gaming Commission may be looking to ban celebrities from advertising for betting companies.
This comes years after the Food and Drugs Authority banned celebrities from advertising for alcoholic beverages.
Defending its decision, the FDA had explained that, the ban was not only in adherence to a World Health Organisation policy but was part of efforts to protect children and prevent them from being lured into alcoholism.
But while the latest stance by the Gaming Commission has not been confirmed, sources say the decision is due to the increasing number of celebrities endorsing betting companies.
Already, Nadia Buari, Wendy Shay, Efya, Jackie Appiah, Moesha Boduong, Salma Mumin, Selly Gally, Zynell Zuh, Sandra Ankobiah, Lilwin, and KiDi have all been signed as ambassadors for Bet Planet, the biggest betting country in Ghana.
But Bullet insists further restrictions on celebrities will prevent record labels from thriving.
“1st it was FDA, and now Gaming commission, I am moving Rufftown to Nigeria, if the gov’t doesn’t change these laws,” Bullet wrote on his Twitter handle.
“You people are always goofing with your laws. Do you guys have any idea of the devastating effects of Covid-19 on the creative arts?” View this post on Instagram
Ghana is not a place to operate a record label business and this is very sad. Record labels do not make money from just shows where their artistes are billed to perform, majority of the money comes from endorsement deals. You people are always goofing with your laws. Do you guys have any idea of the devastasting effects of covid-19 on the creative arts. #theydontcareaboutthecreativearts
A post shared by Ricky Nana Agyeman (@bullet_rufftown) on Sep 30, 2020 at 8:22am PDT
Meanwhile, Wendy Shay has also tagged President Akufo-Addo in her post questioning why the gaming community was taking that decision to ban celebrities.