Tag: middle east
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...
January 6, 2021
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...
November 18, 2020
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...
March 2, 2020
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....
January 27, 2020
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....
January 14, 2020
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...
December 10, 2019
Country Profile – UAE 2019
As the business hub of the Middle East and North Africa, the UAE belies its geographical size. In the case of the music industry, global streaming services have joined record companies in mining its significant potential
November 11, 2019
Deezer IPO is back on – possibly; Middle East growth is happening – definitely
Way before Spotify did its direct listing, Deezer was shaping up to be the music streaming service most likely to do an IPO. Everything was going swimmingly until October 2015 when it announced that it was postponing its...
October 14, 2019
Linkfire opens up conversion data from Anghami in Middle East
Music-marketing firm Linkfire continues to deepen its relationships with streaming services in interesting parts of the world. Its latest partner is Anghami in the Middle East and North Africa (MENA). It’s the latest deal...
September 19, 2019
Middle-Eastern streaming service Anghami has 1m+ subscribers
The Middle East is currently a big strategic focus for global streaming services like Spotify and Deezer, but they face competition from established local service Anghami. Now it has released some new figures on its business, in...
March 6, 2019
Report: WMG mulling investment in Saudi firm Rotana Music
Rotana Music is the Saudi-owned music firm whose parent company bought a stake in streaming service Deezer last year – resulting in an exclusive for Deezer on Rotana’s catalogue in the Middle East. Now Warner Music Group...
March 1, 2019