SANTA MONICA, Calif. and LAGOS, Nigeria, Feb. 26, 2024 /PRNewswire/ — Universal Music Group (UMG), the world leader in music-based entertainment, today announced a majority investment in of one of the world’s most dynamic and exciting independent record labels, Mavin Global (Mavin). The deal remains subject to regulatory approval and is expected to close by the end of Q3 2024.
The Lagos, Nigeria-based label is the driving force behind many of the continent’s Afrobeats artists. Founded in 2012 by renowned artist, producer, music…
