Ambitiouz Entertainment has refuted the rumors circulating that it is closing down due to financial difficulties.
The music label, which was once a dominant force in the South African music scene, previously housed some of the country’s most renowned producers and artists. However, it is currently left with only a handful of talented artists after many of its established artists decided to pursue solo careers.
Despite these challenges, Ambitiouz Entertainment has managed to stay relevant, making significant contributions to the ongoing growth of the South African music scene.
In response to the rumors circulating about the label’s closure, Ambitiouz Entertainment has released an official statement.
“Greetings to our beloved fans, supporters, and to those who’ve been eagerly waiting for our “downfall” with a bowl of popcom in hand. We regret to inform you that you might need to stock up ‘on more popcorn because Ambitiouz Entertainment isn’t going anywhere.
In fact, we’re just getting started! I’s come to our attention that there are whispers and rumours of our imminent closure. To those who’ve been spreading these tales, we’d like to offer a heartfelt “Nice try!” We’re saddened to report that if you were hoping for our exit, you’ll have to deal with our fabulousness for at least another decade. We know, it’s tough. But hang in there!,” Part of the statement reads.
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