In a landmark move set to reshape the landscape of the global music industry, Universal Music Group (UMG) has announced its strategic majority investment in Mavin Global, the iconic Afrobeats label based in Lagos, Nigeria.
This partnership, pending regulatory approval and slated to close by Q3 2024, marks a significant step in UMG’s commitment to expanding its footprint in Africa’s burgeoning music scene and signals a new era of growth for Mavin Global.
Founded in 2012 by the esteemed Michael Collins Ajereh, known…