Mavin Records, the renowned Nigerian music label housing talents like Rema and Ayra Starr, is making headlines with its pursuit of investment or a potential full sale.
According to sources, heavyweights like Universal Music Group (UMG) and HYBE, along with financial sector music asset investors, are showing keen interest in this opportunity.
According to Billboard, the proposed deal values Mavin Records at over $125 million, with potential figures ranging from $150 million to $200 million.
It’s important to note that it’s unclear if…