In a groundbreaking development for the Ethiopian music industry, beloved singer Veronika Adane has set a new record with the sale of her latest album. According to inside sources at Walia Entertainment, the album has been purchased for an unprecedented sum of 160,000 USD, equivalent to over 17 million Ethiopian Birr, by American distributor Zojak Worldwide.
This landmark deal not only represents a personal triumph for Veronika Adane but also sets a new benchmark for album sales in Ethiopia's music history. The singer, known for her numerous hit songs and widespread popularity, is set to release her new album to the public on August 17.
Zojak Worldwide, the American publishing company that acquired the rights to the album, specializes in distributing artists' work across various digital platforms. This partnership is expected to significantly expand Veronika's reach to international audiences.
The album contains 12 tracks, with two songs already having music videos produced in the United States. These videos are scheduled to be released simultaneously with the album launch. The purchase agreement also includes rights to additional music videos, further enhancing the album's promotional potential.
This record-breaking sale underscores Veronika Adane's status as one of Ethiopia's top musical talents and signals a potential shift in how Ethiopian music is valued and distributed on the global stage. It also highlights the growing international interest in Ethiopian music and the potential for local artists to achieve significant financial success through strategic partnerships with international distributors.
As fans eagerly await the album's release, this historic deal has already generated considerable buzz in the Ethiopian music scene, with many seeing it as a positive sign for the future of the country's music industry.