Universal Music Group acquires major stake in Afrobeats label Mavin Global

Universal Music Group (UMG), a global music powerhouse, has revealed its acquisition of a majority stake in Mavin Global, a prominent Nigerian record label based in Lagos. The announcement was made on Monday, and the deal is currently pending regulatory approval, expected to close by the end of Q3 2024. Mavin Global, founded by the … Continue reading Universal Music Group acquires major stake in Afrobeats label Mavin Global