Arts and entertainment conglomerate, Zylofon Media is set to announce the signing of dancehall artiste, Shatta Wale on to its record label, Zylofon Music today at its headquarters, East Legon.

The ‘Ayoo’ hitmaker is said to have been given a tour around the Zylofon Media offices after contractual talks were concluded last Friday.

Reports suggest that he was later introduced to executives and employers of the company as well as his perceived ‘rival’ Stonebwoy, Becca, Joyce Blessings, Obibini and Kumi Guitar who are signed to the label already.

Rumors have it that Zylofon Media will give out an enticing sign-on fee of $1.5million, a house and a car to Shatta Wale.

Prior to this, the artiste had been spotted hanging out with Chief Executive Officer of Zylofon Media, Nana Appiah Mensah.

A number of showbiz personalities, arts and entertainment journalists as well as bloggers have thronged Zylofon Media headquarters to witness this epic occasion.