Music Business News: Nigeria News Africa-focused streaming service Mdundo reports 41% jump in active users, as Nigerian currency crisis pressures revenueThe Nigerian naira fell 38% in Q1, putting pressure of Mdundo's revenue even as user growth continued unabated Analysis News Amapiano and Afrobeats videos saw nearly 4 billion global views on Vevo in 2023Music video network Vevo recorded a 56% YoY increase in viewership of Afrobeats and Amapiano videos globally in 2023 News Live Nation among backers of new 12,000-seat, $100m arena in LagosThe $100-million development comes amid a boom in the popularity of West African music News Universal Music Group buys majority stake in Afrobeats label MavinTPG has fully exited the business, while Kupanda Capital will a remain minority investor and strategic adviser Interviews ‘Independent artists and record labels in Africa can now match and surpass their counterparts in more developed markets.’MBW’s World Leaders series meets Osagie Osarenz, Director of African Operations at ONErpm Interviews ‘Young Africans are finding their voices. More artists want to be African Giants that are Made in Lagos.’MBW’s World Leaders series meets Lanre Masha, Director, West Africa at the Orchard News Vevo DSCVR Artists To Watch 2024: Qing Madi, Florentina, Olly, Nathan GalanteMBW's spotlight series on Vevo DSCVR's 2024 Artists To Watch continues via Nigeria, Italy, Mexico and Germany News Tuned Global expands African footprint with Jumamo partnershipTuned Global has been actively increasing its presence in the African music scene through strategic collaborations with key players,1 2 … 12 Next
News Africa-focused streaming service Mdundo reports 41% jump in active users, as Nigerian currency crisis pressures revenueThe Nigerian naira fell 38% in Q1, putting pressure of Mdundo's revenue even as user growth continued unabated
Analysis News Amapiano and Afrobeats videos saw nearly 4 billion global views on Vevo in 2023Music video network Vevo recorded a 56% YoY increase in viewership of Afrobeats and Amapiano videos globally in 2023
News Live Nation among backers of new 12,000-seat, $100m arena in LagosThe $100-million development comes amid a boom in the popularity of West African music
News Universal Music Group buys majority stake in Afrobeats label MavinTPG has fully exited the business, while Kupanda Capital will a remain minority investor and strategic adviser
Interviews ‘Independent artists and record labels in Africa can now match and surpass their counterparts in more developed markets.’MBW’s World Leaders series meets Osagie Osarenz, Director of African Operations at ONErpm
Interviews ‘Young Africans are finding their voices. More artists want to be African Giants that are Made in Lagos.’MBW’s World Leaders series meets Lanre Masha, Director, West Africa at the Orchard
News Vevo DSCVR Artists To Watch 2024: Qing Madi, Florentina, Olly, Nathan GalanteMBW's spotlight series on Vevo DSCVR's 2024 Artists To Watch continues via Nigeria, Italy, Mexico and Germany
News Tuned Global expands African footprint with Jumamo partnershipTuned Global has been actively increasing its presence in the African music scene through strategic collaborations with key players,