In January 2016, Davido announced via Twitter that he signed a record deal with Sony Music. His announcement was met with mixed reactions. The record label put out a press release to confirm the deal. Davido started his own label, Davido Music Worldwide (DMW), few months after signing with Sony. Dremo and Mayorkun are currently signed to the label. In July 2016, Davido signed a record deal with Sony's RCA Records.