Zylofon Media will make this known at a press soiree scheduled for Wednesday, January 31, at its headquarters at East Legon in Accra.

READ MORE: Zylofon Music signs Shatta Wale

This follows a report that said Shatta Wale had been signed unto Zylofon Music record label for a fee of $1.5million. In addition, he will be given an apartment and a Rolls Royce Phantom worth about $450,000.

The 33-year-old Afro-Dancehall musician and record producer will join the likes of Stonebwoy, Becca, Kumi Guitar, Joyce Blessing and Obibini who are already on the label.

Pulse.com.gh promises to bring you update on the signing tomorrow.