Tag: middle east

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Anghami has 1.4m subscribers ahead of its public listing

Anghami, the music streaming service based in the Middle East and North Africa (MENA) region, is preparing to go public via a spac merger in the US.
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30M Records talks ‘This is Tehran?’ and Iranian music’s global potential

Hamburg-based label 30M Records was founded in 2020 by Matthias Koch with the aim of helping Iranian musicians to release their music globally, at a time when economic sanctions mean artists and labels there cannot deal directly...
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Spotify launches a K-Pop collaboration in the Middle East

Even when non-anglo genres get popular, they’re often still viewed through a western lens: for example, success in the US is often seen as the key signal of the success of K-Pop artists like BTS and Blackpink. Actually...
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Universal Music launches a new label focusing on Arabic music

Universal Music Group has been on something of a spree of new label launches in recent times, with a particular emphasis on high-potential markets. The latest example is Universal Arabic Music (UAM for short) which is...
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Anghami reportedly set for public listing through Spac merger

Middle Eastern streaming service Anghami may be going public soon, via a special purpose acquisition company (Spac) in the US. Bloomberg reported that Anghami is “close to being listed on the Nasdaq stock exchange...
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Warner Music Group invests in Middle Eastern label Rotana

Warner Music Group’s latest splashing of its cash is focused on the Middle East, and independent label Rotana Music. The undisclosed investment includes a deal for WMG’s Ada Worldwide label services division to...
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Investment firm Shuaa Capital buys stake in Anghami

Early last year, there were rumours that Middle Eastern streaming service Anghami might be up for sale, fresh from generating more than 10bn streams in 2019. A year on, and Anghami remains independent, but it is raising...
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Spotify CFO says UMG is ‘willing to lean in more aggressively’ than rivals

Look away, non-Universal major labels: you may feel a little testy about the latest interview with Spotify CFO Paul Vogel, at a conference organised by RBC Capital Markets. He was asked about Spotify’s latest licensing...
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Spotify teams up with MBC’s Shahid for six-month MENA promotion

Spotify is part of a new bundle in the Middle East and North Africa (MENA) region, but rather than a telco contract, this partnership involves a video streaming service. Specifically, it’s a video streaming service called...
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Sony Music restructures its Asia and Middle East divisions

Sony Music has introduced a new reporting structure for its operations in Asia and the Middle East. This will involve the creation of a series of hubs in the regions that will report to Sony’s headquarters in New York....
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Deezer signs deal to offer direct telco billing in MENA region

Deezer’s ambitions in the Middle East and North Africa (MENA) region continue. The streaming service has announced a partnership with mobile technology firm Mondia which will help people pay for Deezer in the region....
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Deezer signs its first telco deal in the MENA region

The Middle East and North Africa (MENA) is one of the regions – like Latin America – where Deezer sees an opportunity to compete strongly against its larger global rivals. A $185m funding round in August 2018 included...